FDIC Provides IndyMac Loan Modification Model Information
The FDIC has provided information related to the terms of its loan modification program plan at IndyMac Federal Bank. The FDIC "Mod in a Box" Program Guide provides a framework and tools to assist servicers and investors in developing similar loan modification programs, including workout guidelines and sample documents to determine modification parameters and loan modification reporting. Click here for all of the documents and tools on the FDIC website.
