The Federal Deposit Insurance Corp. (FDIC) on Thursday released for comment its plan to auction and sell toxic assets, asking questions on everything from which assets should be eligible to how fees for government-guaranteed debt should be assessed.

The agency also held a conference call with businesses interested in the auction process, and according to one participant, listeners were told that anyone buying "whole loan" mortgages would be required to work them out according to parameters established under the FDIC's loan modification program.

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