FDIC’s Bair on the Creation of a BP Type Commission to Settle Foreclosure Claims

Chairman of the Federal Deposit Insurance Corporation (FDIC) Sheila Bair spoke with FOX Business Network’s Peter Barnes about regulations within the housing industry and changing the mortgage standard saying that “I think we don’t want to go too far one way or the other” and that the tradition 20% down mortgage model “worked really well.” [...]
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