Search for: "INDYMAC FEDERAL BANK"
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19 Aug 2009, 11:28 am
After she lost her job, she contacted her lender -- the defunct IndyMac bank, which is now OneWest Bank -- and was told she must be four months behind before it would consider a loan modification. [read post]
19 Jul 2009, 7:41 pm
So, according to Black, CEOs and directors of both regulated and unregulated banks like IndyMac deliberately concocted a scheme to make "bad loans" (which "pay more than good loans"). [read post]
12 Jul 2009, 11:40 am
Structures along these lines were used to acquire both Indymac and BankUnited. [read post]
8 Jul 2009, 7:19 pm
" A meeting called by Federal Deposit Insurance Corp. chief Sheila Bair this week with several banking and private-equity bigwigs suggests the regulator has made her mind up when it comes to PE firms buying banks: Thanks, but no thanks. [read post]
17 Jun 2009, 4:08 am
You can't help but notice recent high profile bank failures like IndyMac and Washington Mutual. [read post]
13 Jun 2009, 5:45 pm
As long as there are multiple federal banking regulators supervising essentially equivalent financial institutions there will be regulatory arbitrage, which will inevitably undermine whatever statutory framework Congress sets forth for financial institution regulation.Currently there are four key federal banking regulators: Office of Comptroller of the Currency (national banks), Office of Thrift Supervision (federal savings… [read post]
1 Jun 2009, 7:12 pm
FinCri Advisor advises us that the recent federal district judge's dismissal of a lawsuit brought by the city of Cleveland against banks and investment banks (which we discussed last week) is no cause for celebration by the defendants. [read post]
22 Apr 2009, 9:01 am
The mortgage was provided by IndyMac bank, which was later taken over by the Federal Deposit Insurance Corporation. [read post]
7 Apr 2009, 5:53 am
Phone: 800-347-7272 These numbers and the identities of the banks and mortgage companies are changing every day. [read post]
5 Apr 2009, 1:26 pm
Federal Regulatory Probes The SEC has more than 50 subprime-related investigations underway, including of lenders, investment banks, underwriters, retail and institutional sellers of subprime loans, and home builders and insurers.[11] The SEC has formed a “Subprime Task Force” to focus on these investigations. [read post]
30 Mar 2009, 7:31 pm
Polakoff had been appearing at industry events and defending the OTS's role in the face of a likely reorganization of the federal bank-regulatory apparatus. [read post]
20 Mar 2009, 12:22 pm
All deposits of IndyMac Federal Bank, FSB were transferred to OneWest Bank, FSB.On July 11, 2008, IndyMac Bank, FSB (prior to the establishment of IndyMac Federal Bank, FSB) was closed by the Office of Thrift Supervision ("OTS") and the FDIC was named Conservator. [read post]
29 Jan 2009, 7:29 pm
"And the interest in IndyMac is a good sign that some of that money will get put into banks. [read post]
20 Jan 2009, 7:49 pm
In at least one instance, investigators say, banking regulators actually approached the bank with the suggestion of falsifying deposit dates to satisfy banking rules -- even if it disguised the bank's health to the public. [read post]
18 Jan 2009, 9:59 am
Indymac failed the old fashion way and Lehman Brothers went bankrupt. [read post]
12 Jan 2009, 4:08 am
A consortium of seven investors had agreed to pay $13.9 billion for IndyMac, the California savings bank and mortgage lender that was seized by the government last July. [read post]
7 Jan 2009, 7:00 pm
That's why, unlike a lot of loan-modification programs, such as those rolled out by Citigroup and IndyMac Bank, Ocwen's doesn't use broad guidelines--for instance, assuming that homeowners should be able to contribute 38% of their income to paying their mortgage. [read post]
5 Jan 2009, 12:00 pm
The group will buy the fallen bank for $13.9 billion from the Federal Deposit Insurance Corporation. [read post]
27 Dec 2008, 5:31 pm
IndyMac Bancorp, one of the largest banks to fail as a result of the subprime mortgage crisis, is close to being sold to a consortium of private equity and hedge fund firms, people briefed on the matter told DealBook. [read post]
23 Dec 2008, 8:33 pm
Treasury Department which is only available to homeowners with mortgages owned or insured by Freddie Mac or Fannie Mae (which greatly resembles the HopeNow program), and lender-specific modification programs offered by such entities as IndyMac, Bank of America, Citibank, and Wells Fargo. [read post]
