Search for: "IndyMac Bank, F.S.B."
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11 Jul, 2008 11:49 pm
News release: "This bank was closed by the Office of Thrift Supervision and the FDIC was named Conservator. All non-brokered...
22 Jul, 2008 12:17 pm
... which the notice of cancellation had to be sent." Megitt v. IndyMac Bank, F.S.B., 547 F.Supp.2d 56, 56
(D.Mass. 2008). ... Id., at 57. The federal court explained at page 57, "The import of the First Circuit's Palmer decision with regard to the purely technical omission in the
document embodying the notice makes ... were objectively reasonable as a matter of law." Megitt, at 60. Most important in the court's analysis was the fact that the notices
"clearly and conspicuously indicate[d] that the debtor can ...
30 Oct, 2008 3:58 pm
... Federal Deposit Insurance Company ("FDIC"), as conservator of IndyMac Federal Bank F.S.B. ("IndyMac"), recently filed a complaint seeking a declaration that PMI Mortgage Insurance ... Federal Bank F.SB. by the Federal Deposit Ins. Corp.
as Conservator v. PMI Mortgage Ins. Co., No. 08-CV-04303 (N.D. Cal. Sept. 12, ... coverage against borrower defaults on the mortgages, which were either originated or acquired by
IndyMac and then sold in the secondary mortgage market. PMI allegedly sought to rescind ...
14 Jul, 2008 8:57 pm
... woe is the collapsed real estate market and souring mortgage loans. Most of these banks are far smaller than the industry giants that have drawn so much scrutiny from
regulators and investors. (...) The F.D.I.C. has $53 billion set aside to reimburse consumers for deposits lost at failed ... , which was a percentage above 5 percent. Seven
banks fell in this category. BUT NOTE: And yet IndyMac, one of the nation's largest mortgage lenders, was not on the
government's troubled bank ...
19 Aug, 2008 4:26 am
... looking at those things more," said Bob Bacon, deputy commissioner of the Texas Department of Banking. Still, since the very public collapse of California's
IndyMac Bank (and the failures of seven other institutions this year), banks have become the ... those deals. "They are much less
willing to have a meaningful discussion on things that are by their nature subjective," Brown said. "It's pretty subjective what a piece of real estate is worth today." You're
preaching to the choir, Brother Brown. ...
25 Jan, 2007 7:00 am
... case also awaits determination of Gentry v. Superior Court, which will determine to what extent the Discovery Bank case applies to class action waivers in arbitration
agreements that purport to govern wage and hour ... However, there are actually at least four federal decisions characterizing the pay as a wage: Tomlinson v. Indymac Bank, F.S.B. (C.D. Cal. 2005) 359 F. ... (See e.g., Filion v. Ethan Allen Retail, Inc., 2006 U.S. Dist.
LEXIS 79861 [stayed until May 2007]) or deferred ruling on the issue (e ...
20 Apr, 2007 4:00 pm
... through meal and rest periods, as long as they pay the extra hour. In Tomlinson v. Indymac Bank, F.S.B. (C.D.
Cal. 2005) 359 F. ... of Appeal decision in Murphy criticized this view: We disagree with the district court judge's interpretation. While the Labor Code allows employers
to require overtime work, albeit at ... other opinions superceded by Murphy) is no longer contained in a citeable case. The Supreme Court's opinion in Murphy makes no mention of
Tomlinson or anything similar to the views Judge ...
22 Aug, 2007 6:19 am
IndyMac Bank, F.S.B. filed a civil complaint in New York District Court against the following defendants for breach
of contract, fraud, conversion and breach of fiduciary duty, among other things: National Settlement Agency, Inc., New York, NY; Steven M. Leff, East Hampton, NY; Rachel M. Leff, East
Hampton, NY; and Richard A. Leff, Short Hills, NJ. According to the Read More...
8 Jun, 2007 1:39 pm
... the case of Challenge Realty, Inc. v. James M. Leisentritt, Indymac Bank, F.S.B., and Countrybrook North C.
Unfortunately the opinion is scanned, so I ... already obtained three extensions of time and requesting that the Order explicitly state that Appellant's Brief remained due on
June 15th and that no further extensions would be ... request or be granted any additional extensions of time. Further, Appellant's FAILURE to file its Appellant's Brief
on or before June 15, 2007, SHALL SUBJECT THIS APPEAL TO ...
24 Jul, 2008 12:52 am
... (here) that federal regulators had seized IndyMac Bank in one of the largest bank failures in history brought back memories
from the late 80's and early 90's ... reviews the issues that were debated concerning the regulatory exclusion in the last era of failed banks. Among other things,
the memorandum correctly recollects that it was not just the insured persons ... a parking place, an employee of the apartment company put a gun between the resident's eyes and
stated "You f***ing b**ch, I'll blow your ...
7 Mar 5:27 pm
... , until July 11, 2008, was the holding company for hybrid thrift/mortgage bank IndyMac Bank prior to being placed into
receivership by the Office of Thrift Supervision), Newport Beach-based ... In Clear Channel Outdoor, Inc. v. Knupfer (In re PW, LLC), 391 B.R. 25 (Bankr. 9th Cir. 2008), the
court ruled that section 363(f ... doing so, wipe out the junior secured creditor's interest. Adopting an extremely narrow view of when section 363(f) applies, the
panel concluded that the debtor must establish that ...
22 Sep, 2008 11:21 pm
... George Clooney, and various other constituencies. Critically, UFS and its allies have to develop a coherent approach to the negotiations. That's tough, because it will
require discussion of a key issue of negotiating strategy: whether to abandon attempts to break the studios' ... deflation, foreclosures (which now represent one-third of all LA County
home sales), the failure of Pasadena-based IndyMac bank, and continued high gasoline prices, not to mention economic pressure from
Silicon Valley. A ...
5 Apr 1:26 pm
... of alleged facts was more plausible: Plaintiffs cite these financial statement numbers as, respectively, "[f]urther evidence of IndyMac's internal control problems" and a clear indication Defendants knew a significant portion of the ... state of the economy, interest rates or
the national housing market, it is quite implausible to believe that the SPVs or the investment banks sponsoring or underwriting the MBS or sponsoring the CDOs had any special
knowledge concerning these matters that was not ...
24 Nov, 2008 1:35 pm
... some losses against more than $300 billion in troubled assets. Second, the Treasury will make a fresh $20 billion investment in the bank. The government has already injected
$25 billion into Citigroup as part of the $700 billion bailout passed by Congress in ... , Citigroup will be expected to adjust mortgages for troubled borrowers, using procedures
similar to those the FDIC implemented at IndyMac, which it took over last summer. (Emphasis supplied.) Krugman is quite negative. By Big Tent
Democrat, ...
30 Sep, 2008 2:34 pm
... based only on reading the same stuff you all are reading. Nonetheless, here's some of the latest on the criminal side: The FBI has announced it is investigating Fannie Mae
... recently, Paulson's crisis undersecretary. Will the Feds go after one of their own? The Bear Stearns investigations are well underway. As the CEO of the first bank to
go, the bridge ... beer at weekly staff meetings Institution A. Citigroup B. Countrywide C. Ameriquest D. IndyMac E. Merit Financial
F. New Century G. All of the above ...
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