Search for: "Indymac Federal Bank"
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29 May 2012, 9:21 am
A federal judge in California gutted the SEC’s case against the former CEO and former CFO of IndyMac Bank by granting partial summary judgment against the SEC and eliminating most of the claims. [read post]
29 May 2012, 9:21 am
A federal judge in California gutted the SEC’s case against the former CEO and former CFO of IndyMac Bank by granting partial summary judgment against the SEC and eliminating most of the claims. [read post]
5 May 2012, 10:37 am
IndyMac Federal will only make modification offers to borrowers where doing so will achieve an improved value for IndyMac Federal. [read post]
30 Apr 2012, 6:46 am
Overview From July 2, 2010, through January 27, 2012, the FDIC filed 21 lawsuits related to 20 failed institutions (two of the 21 lawsuits were associated with IndyMac Bank, F.S.B). [read post]
25 Apr 2012, 3:26 pm
Judge Wright is also overseeing the FDIC’s $600 million lawsuit against former Indymac Bank CEO Michael Perry, who is accused of contributing to the firm’s collapse. [read post]
11 Apr 2012, 1:13 am
The Aftermath of the Failure of IndyMac Bank Van Dellen and Perry involve two different actions by the FDIC as receiver arising out of the failure of IndyMac Bank, FSB in 2008. [read post]
30 Mar 2012, 8:28 am
Alleged victims of the scheme include: BNC Mortgage; Citibank (NYSE: C); CitiMortgage; Countywide Bank (since purchased by Bank of America (NYSE:BAC) ); Countrywide Home Loans; First Franklin Financial Corp.; First Franklin Financial Corp.; First Horizon Home Loans; Homecomings Financial LLC; IndyMac Bank; JP Morgan Chase Bank (NYSE: JPM); Long Beach Mortgage Corp.; Washington Mutual Bank; and Wells Fargo Bank (NYSE: WFC). [read post]
9 Mar 2012, 7:25 am
In July 2011, the Federal Deposit Insurance Corporation (FDIC) brought a lawsuit in a California federal court against Michael Perry, former CEO for Indymac Bank, over his purported actions during the United States mortgage crisis. [read post]
27 Feb 2012, 10:54 am
Former SIGTARP Neil Barofsky has promised to try to figure things out, but again suggested that in the future Ben Bernanke refrain from accepting baseball card collections as collateral for loans made by the Federal Reserve, that the too-big-to-fail banks not be allowed to do more than three or four things at a time, and that leverage of 200,000 to 6 is taking things a bit far. [read post]
23 Feb 2012, 5:15 am
Those companies include: America's Servicing Company, Aurora Loan Servicing, BAC Home Loans Servicing, Bank of America, Beneficial, Chase, Citibank, CitiFinancial, CitiMortgage; Countrywide, EMC, Everbank/Everhome Mortgage Company, Financial Freedom, GMAC Mortgage, HFC, HSBC, IndyMac Mortgage Services, MetLife Bank, National City Mortgage, PNC Mortgage, Sovereign Bank, U.S. [read post]
7 Feb 2012, 5:26 am
The Millers bought their home from IndyMac Bank (now OneWest and defunct for a time) in 2006. [read post]
6 Feb 2012, 7:52 pm
Kevin LaCroix recently wrote about the spanking issued by a judge to attorneys for former IndyMac officers who are being sued by the FDIC over that bank's spectacular failure. [read post]
3 Feb 2012, 12:02 pm
Today, Kevin wrote about developments in a case brought by the Federal Deposit Insurance Corp. against two former IndyMac executives that all lawyers should take note of, even those who have zero interest in the underlying case. [read post]
3 Feb 2012, 12:06 am
It is also one of two FDIC actions against former IndyMac officials. [read post]
31 Jan 2012, 7:42 pm
When Matthew McConaughey is out of state making movies, this isn't a half-bad place to live or to bank. [read post]
29 Jan 2012, 5:31 pm
The day on which IndyMac Bank originated Lisa’s mortgage was arguably the worst date in history to get a mortgage, July 24, 2007, but she wouldn’t have had any way of knowing that at the time. [read post]
20 Jan 2012, 7:44 am
Former IndyMac Chairman Michael W. [read post]
10 Jan 2012, 7:43 am
Bank, Wachovia, Washington Mutual, and Wells Fargo. [read post]
28 Dec 2011, 3:50 pm
Geithner, a government-and-academe man from way back, never really worked on Wall Street, though he once was offered a gig as CEO of Citigroup, which apparently thought he did an outstanding job as chairman of the New York Fed, where one of his main tasks was regulating Citigroup — until it collapsed into the yawning suckhole of its own cavernous ineptitude, at which point Geithner’s main job became shoveling tens of billions of federal dollars into Citigroup, in an ingeniously… [read post]
24 Dec 2011, 2:00 am
He tried to convince his bank to modify his mortgage since then. [read post]
