"When FDIC Chairwoman Sheila Bair swooped in on Friday and took over IndyMac Bank, she became steward to billions of dollars in customer savings deposits. She also inherited $200 billion worth of home mortgages - a sizable number of which are in trouble.
Bair, from her bully pulpit as one of the nation's top bank regulators, has long pressed lenders to help struggling homeowners by modifying their mortgages to more affordable terms."
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FDIC's big test: Delinquent IndyMac mortgages
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