INDYMAC BANK
Managing retail banking, consumer lending, mortgage operations and home loan servicing.
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More informations about "Indymac Bank"
IndyMac - Wikipedia
IndyMac Bank was founded as Countrywide Mortgage Investment in 1985 by David S. Loeb and Angelo Mozilo as a means of collateralizing Countrywide Financial loans too big to be sold to Freddie Mac and Fannie Mae. In 1997, Countrywide spun off IndyMac as an independent company run by Mike Perry, who remained its CEO until the downfall of the bank in July 2008. In July 2000, IndyMac Mortgage Holdings, Inc. acquired SGV Bancorp, the parent of First Feder…See details»
8 - Leading strategic and organizational change at IndyMac Bank
Sep 22, 2009 It also shows how IndyMac Bank completed the transformation from an entrepreneurship type of company to an entrepreneurially oriented, professionally managed …See details»
Failed Bank Information for IndyMac Bank, Pasadena, CA - FDIC
10 years ago: IndyMac collapses and starts a flood of …
Jul 11, 2018 IndyMac CEO Michael Perry insisted that he and other bank officers had done nothing wrong. He agreed to a $12 million civil settlement with the FDIC to help cover some of the losses.See details»
Senator's Warning May Have Doomed IndyMac - NPR
Jul 17, 2008 IndyMac Bank, Pasadena, Calif. (2008) - $32.2 billion (as of March 31) ... But Rousso insisted, and the organization took its money out. "Fortuitously, that was Thursday, …See details»
IndyMac Bank, F.S.B. - US Bank Locations
IndyMac Bank, F.S.B. is not active anymore since 07/11/2008. IndyMac Federal Bank, FSB was the successor institution. The headquarter was located at 888 East Walnut Street, Pasadena, …See details»
S&P Global Ratings
Jun 30, 2011 Indymac Bank F.S.B., a subsidiary of IndyMac Bancorp that was founded in 1985 by Countrywide Financial Corp., was taken over by federal banking regulators on July 11. …See details»
Bank regulators close IndyMac, transfer to FDIC - Jul. 11, 2008
Jul 12, 2008 IndyMac marks the largest bank collapse since 1984, when Continental Illinois, which had $40 billion in assets, failed, according to FDIC records. The two most expensive …See details»
IndyMac Federal Bank, FSB - US Bank Locations
Jul 11, 2008 IndyMac Federal Bank, FSB is not active anymore since 03/19/2009. CIT Bank was the successor institution. The headquarter was located at 888 E Walnut St, Pasadena, CA …See details»
OneWest Bank Group acquires operations of IndyMac
Mar 23, 2009 Over time the bank intends to expand its retail branch network, which currently includes 33 branches located primarily in the Los Angeles area. OneWest will operate the …See details»
The rise and fall of IndyMac - Jul. 12, 2008 - CNN Business
Jul 12, 2008 The OTS claimed that a June 26 letter Schumer wrote to regulators questioning IndyMac's viability prompted a run on the bank in which customers withdrew more than $1.3 …See details»
IndyMac: The Inside Story of a Bank Failure and Rebirth
May 4, 2009 It was back in July 2008 when IndyMac Bank, a $32 billion asset Pasadena, CA-based institution, was closed by its federal regulator, the Office of Thrift Supervision (OTS), …See details»
IndyMac Collapses Under Financial Woes - NPR
Jul 12, 2008 Customers of IndyMac faced closed doors Friday after federal regulators took over the California bank. Risky lending practices and a $1.3 billion bank run were part of IndyMac's …See details»
Federal Regulators Shut Down IndyMac Bank - Georgia …
The bank had $32 billion in assets and $19 billion in deposits, according to the Office of Thrift Supervision and FDIC. At the time of closing, the bank had roughly $1 billion in uninsured …See details»
IndyMac sold to investor group for $13.9B - NBC News
Jan 2, 2009 A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the U.S. housing boom and bust, for $13.9 billion, federal …See details»
IndyMac Bank sold to IMB Management Holdings - Los Angeles …
Jan 3, 2009 That price for IndyMac’s assets was largely offset, however, by $12.3 billion that the FDIC was paying the investors to take over the bank’s liabilities, including $6.5 billion in deposits.See details»
IndyMac Bank closed by FDIC. Depositors must claim FDIC-insured …
Jul 11, 2008 1995 Changed organization type to Stock Savings & Loan 2000 Changed name to Indymac Bank, F.S.B. 2000 Moved bank headquarters from Covina, California to Pasadena, …See details»
IndyMac Bank placed into conservatorship by US Government
Jul 12, 2008 The logo of IndyMac Bank. ... This move by the FDIC is expected to cost the organization at least four billion USD per year. In the days leading up to the conservatorship, …See details»
IndyMac Bank Failure, the FDIC and Your Money
Jul 14, 2008 IndyMac, with total assets of $32 billion, became the third largest bank to fail in U.S. history and its collapse is expected to cost the bank insurance fund between $4 billion and $8 …See details»
The Resolution and Restructuring of IndyMac Bank
Mar 13, 2020 The Resolution and Restructuring of IndyMac Bank. Author/Creator. Mallory Dreyer. Publisher. Yale University: School of Management: Yale Program on Financial …See details»