• IndyMac, a contraction of Independent National Mortgage Corporation, was an American bank based in California that failed in 2008 and was seized by the...
    33 KB (3,867 words) - 13:05, 28 March 2024
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    2008). "Irregularity Is Uncovered at IndyMac Bank". The New York Times. VAN DOORN, PHILIP (May 13, 2008). "Indymac Seeks to Preserve Capital". TheStreet...
    246 KB (25,509 words) - 07:42, 4 July 2024
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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...
    18 KB (2,333 words) - 22:17, 1 October 2023
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    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...
    237 KB (19,745 words) - 19:53, 13 July 2024
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    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...
    29 KB (3,046 words) - 01:45, 27 May 2024
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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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  • liabilities transferred to a specially established bridge bank called IndyMac Federal Bank, FSB which was placed into conservatorship, also by the FDIC...
    17 KB (2,223 words) - 18:14, 27 April 2024
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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...
    24 KB (2,791 words) - 12:59, 28 March 2024
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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...
    14 KB (1,507 words) - 03:24, 5 May 2024
  • 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...
    48 KB (5,282 words) - 08:54, 21 May 2024
  • 30, 2003) was the co-founder of both Countrywide Financial Corp and IndyMac Bank along with former protégé and longtime business partner Angelo Mozilo...
    4 KB (318 words) - 22:00, 7 April 2024
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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...
    28 KB (2,938 words) - 05:29, 16 April 2024
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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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  • 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...
    30 KB (3,020 words) - 08:29, 15 June 2024
  • 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...
    12 KB (1,084 words) - 10:13, 17 April 2024
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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...
    21 KB (1,997 words) - 13:31, 28 June 2024
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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...
    20 KB (1,851 words) - 01:58, 23 June 2024
  • been purchased by IndyMac Bank, saving those employees' jobs.[citation needed] In 2008, IndyMac also failed—one of the largest bank failures in American...
    11 KB (1,188 words) - 05:21, 31 January 2024
  • Fremont Investment & Loan ResMAE Mortgage Corp Americans Brokers Conduit IndyMac Bank Aurora Loan Services LLC American International Group Ambac MBIA Mortgage...
    6 KB (497 words) - 14:03, 1 March 2024
  • 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...
    75 KB (7,642 words) - 00:00, 26 June 2024
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    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...
    127 KB (12,510 words) - 04:42, 5 July 2024
  • client IndyMac, its executives and directors the FBI investigation into the California bank's collapse in 2008. Alston also advised the bank on the transfer...
    17 KB (1,573 words) - 07:16, 26 February 2024
  • 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...
    81 KB (1,532 words) - 17:12, 4 February 2024
  • 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...
    62 KB (7,809 words) - 06:38, 6 May 2024
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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...
    120 KB (13,049 words) - 10:34, 31 May 2024
  • process. Much of the business models of IndyMac and also the government backed FrannieMae and FreddieMac quasi-banks were based on concentrated debt. This...
    42 KB (5,771 words) - 17:50, 7 June 2024
  • (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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    Dan (2007-09-28). "ING Bank to acquire NetBank deposits". Reuters. Retrieved 2021-05-14. "OneWest completes acquisition of Indymac Assets". Reuters. 2009-03-20...
    19 KB (1,236 words) - 13:46, 2 June 2024
  • Thumbnail for List of buildings in Pasadena, California
    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...
    3 KB (33 words) - 16:54, 11 March 2022