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WASHINGTON (AP) - A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the U.S. housing boom and bust, for $13.9 billion, federal regulators said Friday. ...more
January 4, 2009
Bank of America Corp., Countrywide Financial Corp. and other leading U.S. lenders adopted rules aimed at speeding the pace of mortgage modifications amid criticism that they haven't done enough to stem foreclosures. ...more
June 18, 2008
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