FDIC's Bair Defends Community Reinvestment, Supports Loan Modificationhttp://www.mortgagenewsdaily.com/12042008_bair_defends_community_reinvestment.aspFDIC chairman Sheila Bair said the government has been behind the curve when it comes to preventing foreclosures, and she called for regulators to use their authority in creating flexible rules for making free loan modifications a top priority. She alsoenCommunityServer 2008 SP2 (Build: 31106.96)