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: McLeod Law Offices

IndyMac Update: Foreclosures are halted

By Bill McLeod, Esq.

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From Reuters: 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. Hat tip: Calculated Risk. read more

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Full post as published by McLeod Law Offices on July 14, 2008 (boomark / email).

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