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Florida’s relevant and real

FDIC is considering loan guarantees and loan modifications …

author Posted by: telemahos on date Oct 30th, 2008 | filed Filed under: Florida real estate, USA politics

FDIC is considering loan guarantees and loan modifications similar to the ones done to IndyMac 3 months ago. Loan guarantees will take place to guarantee the lender’s loss for defaulted loans and try to avoid foreclosure.