IndyMac, a contraction of Independent National Mortgage Corporation, was an American bank based in California that failed in 2008 and was seized by the...
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2007–2008 financial crisis (redirect from 2008 Bank Bailout)
2008). "Irregularity Is Uncovered at IndyMac Bank". The New York Times. VAN DOORN, PHILIP (May 13, 2008). "Indymac Seeks to Preserve Capital". TheStreet...
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of IndyMac Bank on July 11, 2008, was the fourth largest bank failure in United States history. Prior to IndyMac's failure on July 11, 2008, the bank had...
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Mortgage Corporation (IndyMac Bank) of Pasadena, California for $13.65 billion from the FDIC and created OneWest from the remains of IndyMac, which then had...
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opened. On 11 July 2008, U.S. mortgage lender IndyMac Bank was seized by federal regulators. The bank relied heavily on higher cost, less stable, brokered...
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Chuck Schumer (section IndyMac Bank controversy)
doing its job to prevent future IndyMacs." He added, "IndyMac was one of the most poorly run and reckless of all the banks ... It was a spinoff from the...
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liabilities transferred to a specially established bridge bank called IndyMac Federal Bank, FSB which was placed into conservatorship, also by the FDIC...
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housing-related companies including IndyMac Bank, Orange Coast Title Insurance, Los Angeles Federal Savings Bank, and Irvine Apartment Communities. Seymour...
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Office of Thrift Supervision (section Indymac)
failure of IndyMac Bank was the fourth largest bank failure in United States history. Prior to IndyMac's failure on 11 July 2008, the bank had come to...
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independent company called IndyMac Bank. Federal regulators seized IndyMac on July 11, 2008, after a week-long bank run. Bank of America Home Loans is composed...
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the Fed's lending Bear Sterns US$29 billion on a nonrecourse basis. IndyMac Bank, America's leading Alt-A originator in 2006 with approximately $32 billion...
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30, 2003) was the co-founder of both Countrywide Financial Corp and IndyMac Bank along with former protégé and longtime business partner Angelo Mozilo...
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Joseph Otting (category American bank presidents)
when IndyMac Bank, F.S.B., failed. OneWest Bank, FSB, converted to a national bank and was renamed OneWest Bank, N.A., in February 2014, as the bank transitioned...
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joined a consortium to acquire the assets of IndyMac Bank for around $13.9 billion, renaming it OneWest Bank. In 2013, MSD Capital participated in the $24...
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other hedge funds to acquire IndyMac Bank for $13.9 billion, thereby gaining control of an estimated $160 billion in bank loans, investments, and deposits...
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"IndyMac Announces the Retirement of Frederick J. Napolitano; Louis Caldera Joins IndyMac and IndyMac Bank Boards; Lydia Kennard Joins IndyMac Bank Board"...
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cofounded IndyMac Bank, which was originally known as Countrywide Mortgage Investment, before being spun off as an independent bank in 1997. IndyMac collapsed...
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been purchased by IndyMac Bank, saving those employees' jobs.[citation needed] In 2008, IndyMac also failed—one of the largest bank failures in American...
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at the Los Angeles offices of IndyMac Bank frantically lined up in the street to withdraw their money. On July 11, IndyMac, a spinoff of Countrywide, was...
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Citigroup (redirect from Associates National Bank)
mortgages, using standards set up by the FDIC after the collapse of IndyMac Bank, with the goal of keeping as many homeowners as possible in their houses...
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Fremont Investment & Loan ResMAE Mortgage Corp Americans Brokers Conduit IndyMac Bank Aurora Loan Services LLC American International Group Ambac MBIA Mortgage...
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client IndyMac, its executives and directors during the FBI investigation into the California bank's collapse in 2008. Alston also advised the bank on the...
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too. Likewise, a depositor in IndyMac Bank who expects other depositors to withdraw their funds may expect the bank to fail, and therefore has an incentive...
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U.S. Army, World War II Michael W. Perry, former chairman and CEO of IndyMac Bank Steven B. Sample, former president of USC Rob Schneider, actor, comedian...
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investors; both are acquitted. July 11 Indymac Bank, a subsidiary of Independent National Mortgage Corporation (Indymac), is placed into the receivership of...
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Metro Center 145 ft (44 m) 11 – 12 2 North Lake 144 ft (44 m) 11 1985 12 IndyMac Bank Building 144 ft (44 m) 11 1984 12 Millikan Library, Caltech Campus 144 ft...
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process. Much of the business models of IndyMac and also the government backed FrannieMae and FreddieMac quasi-banks were based on concentrated debt. This...
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Financial acquisition also by Bank of America. IndyMac Bank was also a large bank that was changed into a bridge bank by the FDIC, after its failure...
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(September 28, 2007). "ING Bank to acquire NetBank deposits". Reuters. Retrieved May 14, 2021. "OneWest completes acquisition of Indymac Assets". Reuters. March...
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(1924–2003), cofounder and former chairman of Countrywide Financial and IndyMac Bank David Loeb (Canadian businessman) (1924–2016), owner of the Ottawa Rough...
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