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Reuters: FDIC halts foreclosure on IndyMac mortgages: Bair

Started by chris, July 15, 2008, 12:41:06 AM

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chris

July 15, 2008, 12:41:06 AM
FDIC halts foreclosure on IndyMac mortgages: Bair
      

WASHINGTON (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.
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