The Federal Home Loan Bank of Indianapolis announced on Friday a new $100 million lending initiative, HomeRetain, to help FHLBI financial institution members assist families facing foreclosure. In a press statement, the FHLBI said that HomeRetain will split available funds between members in Indiana and Michigan, and that funds may be used to modify or refinance mortgages for primary residences in any state in which a member does business. “The increase in home foreclosures and mortgage delin

More: continued here