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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (32518)4/7/2008 2:21:45 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 217830
 
Who is insuring the deposits of lenders to institutions that make mortgage loans now? No one? Then mortgage loans would have dried up.

It appears that the FDIC was insuring such lenders as late as mid-2007 and quite possibly still is.
fdic.gov
It appears FDIC was more strict than many lenders which night account for the difference in foreclosure rates.


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