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IPFS News Link • Economy - Economics USA

FDIC Details Plan To Alter Mortgages

11-14-2008 • Washington Post

Officials at the Federal Deposit Insurance Corp. yesterday detailed a plan to prevent 1.5 million foreclosures in the next year by offering financial incentives to companies that agree to sharply reduce monthly payments on mortgage loans.

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Reported By Powell Gammill

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FDIC Details Plan To Alter Mortgages

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