Search for: "INDYMAC FEDERAL BANK"
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23 Dec 2008, 3:47 am
Via The Washington Post: A senior federal banking regulator has been removed from his job after government investigators concluded that he knowingly permitted IndyMac Bancorp to present a misleading picture of its financial health in a federal filing only months before the California thrift was seized by regulators. [read post]
4 Dec 2008, 5:22 pm
In 2008 to date, a total of 17 banks failed, including the savings and loan IndyMac, which was rechartered as a federal bank. [read post]
26 Nov 2008, 10:56 am
Hall in Bridgeport to one count of bank fraud stemming from his participation in a scheme to defraud IndyMac Bank and other federally insured financial institutions. [read post]
24 Nov 2008, 1:35 pm
Second, the Treasury will make a fresh $20 billion investment in the bank. [read post]
4 Nov 2008, 1:55 am
The FDIC now administers these mortgages through a new entity called IndyMac Federal Bank. [read post]
30 Oct 2008, 3:58 pm
IndyMac Federal Bank F.SB. by the Federal Deposit Ins. [read post]
28 Oct 2008, 2:28 pm
Add the following to my previous post on Foreclosure research.A USA Today story on Oct. 24, 2008, Programs are available to help struggling homeowners, by Anna Bahney and Barbara Hagenbaugh, tells of these national programs: Hope for Homeowners, Hope Now Alliance, Bank of America, and Indymac Federal Bank, and has web links to all.Also, more foreclosure information can be found at the National Consumer Law Center, and, especially for non-lawyers, see their… [read post]
28 Oct 2008, 2:54 am
" At those points, a reader will often e-mail me a link to something that convinces me that the brain damage is worth it, after all.The takeovers of federal savings banks IndyMac and Washington Mutual generated an unusual amount of vitriolic, borderline unhinged e-mail that vilifies the FDIC, particularly FDIC Chairman Sheila Bair, and proposes conspiracy theories at which even Oliver Stone and Michael Moore would laugh out loud. [read post]
27 Oct 2008, 2:46 am
"Our hope is that the program we announced at IndyMac Federal will serve as a catalyst to promote more loan modifications for troubled borrowers across the country," she said. [read post]
26 Oct 2008, 9:56 pm
The media reports that Bank of America is using a more generous figure of 34%. [read post]
20 Oct 2008, 1:32 am
And now we learn that Schumer was paid to cause a run on IndyMac. [read post]
14 Oct 2008, 2:14 am
Somehow, it's not comforting to know that the states are being as slow to move as are the federal regulators when it comes to staunching the bleeding of broken banks. [read post]
9 Oct 2008, 11:49 pm
An article in The National Law Journal, by Julie Kay, begins:Following the failure of California's IndyMac and the very real potential of other bank collapses, lawyers have been flooding bar associations with questions about whether they would be responsible for client trust accounts if a bank fails. [read post]
8 Oct 2008, 5:36 am
The bank is now expected to cost the federal insurance fund nearly $9 billion, up from initial government estimates of $4 billion to $8 billion. [read post]
30 Sep 2008, 2:34 pm
IndyMac E. [read post]
29 Sep 2008, 6:06 pm
Treasury can imitate the FDIC in its takeover of IndyMac, or it could continue accepting the bland assurances of HOPE NOW. [read post]
26 Sep 2008, 4:24 pm
The FDIC (Federal Deposit Insurance Corporation) was established 75 years ago. [read post]
26 Sep 2008, 1:53 pm
Less than three weeks after WaMu CEO Kerry Killinger “retired” from the bank, it was seized by federal regulators, making it the largest bank failure in this nation’s history. [read post]
26 Sep 2008, 11:54 am
The FDIC was brought into existence during the Great Depression in 1933 in a climate similar to the one we now face.[3] During the 1920s and 1930s, thousands of banks failed, leaving many depositors without recourse.[4] The FDIC was created to restore consumer confidence in the banking system, and since its inception it has not lost a single penny of insured deposits.[5] The FDIC is responsible for directly examining and supervising about 5,… [read post]
26 Sep 2008, 11:51 am
Its $307 billion in assets eclipse the $40 billion of Continental Illinois National Bank, which failed in 1984, and the $32 billion of IndyMac, which the government seized in July. ... [read post]
