Search for: "Indymac Federal Bank, FSB"
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20 Mar 12:22 pm
... "All non-brokered insured deposit accounts and substantially all of the assets of IndyMac Bank, FSB" were transferred to the newly created IndyMac Federal Bank,
FSB" as the "assuming institution."The FDIC further announced thath it entered into a ... modification program." A "loss share" agreement
typically provides that nonperforming assets are managed and collected by an acquiring bank and the FDIC agrees to absorb a significant portion of the loss - "typically 80
percent" as well as further loss ...
12 Jul, 2008 8:50 pm
... apparently still happens judging by this photo (see above). I also thought it was interesting that the Indymac site, including its
extensive REO listings, has also been taken over. ... practices continue, we wouldn't be where we are today." UPDATE 7/14: The Indymac site is
back up and looks pretty convincing. Indeed, the only hint that you have that it's not the same bank is the fine print at the bottom of the site which identifies it as
Indymac Federal Bank FSB, the tell-tale letters that
follow ...
24 Nov 9:52 am
... servicer of the loan, and that Deutsche Bank was the owner, although the record holder was IndyMac Bank FSB, an entity no longer in existence, so who the heck knows what the real deal ... said that the homeowner's financial status made her ineligible for a
modification under Federal HAMP Guidelines, to which the homeowner basically replied that Ms. Dickinson was smoking crack ... you get the idea,
right?) The judge couldn't figure out why IndyMac thought they were owed over $500,000 either. He tried ...
14 Jul, 2008 7:23 pm
... Deposit Insurance Corp. The entity reopened on Monday as IndyMac Federal FSB under the control of the FDIC. The Office of Thrift Supervision took action because it did not think the bank could meet its depositors demands. It
is ... crashing housing market, the FBI has opened a probe of companies ranging from the mortgage lenders themselves to investment banks that bundle and sell these mortgages as
securities to individual investors. According to the Associated Press, Countrywide Financial Corp., ...
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