“This guide provides an overview of the FDIC’s program to assist bankers, servicers, and investors in this process. It outlines FDIC program terms at IndyMac Federal Bank, offers insight into the specific portfolio characteristics that drive modification modeling at that bank, and provides a framework for developing and implementing a similar program at your institution.
Loan Modification Program Overview: Includes details including the philosophy, process, and promotion of the program.
Additional Program Tools: Includes marketing materials, workout program guidelines, and investor reporting tools for use in the program.”
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