Mene Site Admin
Joined: 24 May 2006 Posts: 8392
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Posted: Thu Aug 21, 2008 8:49 am Post subject: Loan Modification Program for Distressed Indymac Mortgag |
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If, consistent with maximizing the net present value of the <b>mortgage</b>, an interest <b>rate</b> reduction below the <b>current</b> Freddie Mac survey <b>rate</b> is necessary to achieve a 38% DTI, then IndyMac Federal could reduce the <b>rate</b> further for five <b>...</b>
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