Businessweek Archives

Silver Lining.

Posted on April 12, 1992

Personal Business: Worth Noting

SILVER LINING.

If the bank that holds your mortgage fails and you wanted to refinance anyway, you may be able to buy your loan back directly from the FDIC at a 5% discount before the agency resells it. Call your lender's FDIC representative.EDITED BY AMY DUNKIN

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