Relevant:
- Bair: 3,500 Mortgages Modified at IndyMac Under FDIC Program
- FDIC’s Bair Says U.S. Should Move Carefully on Basel II Rules
- FDIC Chief Bair Pushes for Writedowns on Seconds
- Bair: It’s Too Soon to Know How Successful HAMP Will Be
- FDIC’s Bair Seeks to Expand Authority, Ending ‘Too Big to Fail’
2008-11-18 — housingwire.com
"The U.S. can prevent 1.5 million foreclosures at a taxpayer cost of $24 billion, Federal Deposit Insurance Corp. chairman Sheila Bair said Tuesday in remarks before Congressional leaders, as she continued to push the FDIC’s recent proposal for mass loan modifications for troubled borrowers."
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