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FDIC lays out broad home loan modification plan

Discussion in 'Economics and Financials' started by Darkoak, Nov 14, 2008.

  1. Darkoak

    Darkoak Gone for good.

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    FDIC lays out broad home loan modification plan | Reuters
     
    BigDogsHunt and Fin Fan In Cali like this.
  2. BigDogsHunt

    BigDogsHunt Enough talk...prove it!

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    How much of the $700B has been doled out? Who's is sitting on the balance and decides where the rest is distributed? Is that Paulson?

    Plus, I am confused as to this magical $700B and how new entities are coming out of the woodwork (Mayor's, Auto Industry, etc) and asking for a share. If they werent part of the planning, who is about to get short changed if these new folks get a piece of the pie?

    This is sickening!
     

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