The Federal Deposit Insurance Corp has temporarily halted any foreclosures on the $15 billion of bank-owned mortgage loans found in IndyMac’s portfolio, FDIC Chairman Sheila Bair said on Monday. Bair said in an interview on CNBC television that IndyMac, which the FDIC took over after it failed on Friday, had a $200 billion mortgage servicing portfolio.
IndyMac foreclosures halted by the FDIC
Most Popular Articles
Latest Articles
Attorneys blow off objections, move for final approval of NAR settlement
The settlements reached by NAR, HomeServices, and the brokerages and MLSs that opted in are set for final approval on Tuesday
-
Fix-and-flip investors say they’re discouraged by higher mortgage rates, home prices
-
An open letter to President-Elect Trump: A housing market in crisis
-
Digital open house sign-in solutions agents swear by for lead generation
-
30 inspiring curb appeal ideas to make a lasting first impression
-
30 must-have real estate text message scripts to convert leads and close deals
