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August 19, 2009 | | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

IndyMac’s mortgage struggle

Bank’s new owners are required to adjust mortgages to get government aid. But getting a modification is not easy, borrowers and housing counselors say.
NEW YORK (CNNMoney.com) — Five months after securing a sweet deal to buy IndyMac Bank, the new owners say they are fulfilling their obligation to modify troubled home loans.

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