Austin Kilgore | 01.05.09
Billionaire George Soros and Dell Inc. founder Michael Dell are part of a seven-member investor consortium that will purchase IndyMac Bank for $13.9 billion, according to an Associated Press report.
The report said the investors have formed a partnership called IMB Management Holdings LP, that includes MSD Capital, Dell’s investment firm, private equity [...]
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Fannie Mae and Freddie Mac are touting their streamlined loan modification implementation with the hopes of keeping more people in their homes and bringing more loans to performing status. Is it enough? Is it going to work? With more and more homes losing value and homeowners being upside down in their homes, I believe without [...]
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