Negotiators for the Treasury and Federal Deposit Insurance Corp. are nearing agreement on a plan to have the government guarantee the mortgages of millions of distressed homeowners in what would be a significant departure for the federal rescue program, which has so far directed relief exclusively... -
By Peter Whoriskey, David Cho and Zachary A. Goldfarb
Treasury, FDIC Near Deal on Mortgage Aid
Negotiators for the Treasury and Federal Deposit Insurance Corp. are nearing agreement on a plan to have the government guarantee the mortgages of millions of distressed homeowners in what would be a significant departure for the federal rescue program, which has so far directed relief exclusively...-
By Peter Whoriskey, David Cho and Zachary A. Goldfarb