Search for: "INDYMAC FEDERAL BANK"
Results 161 - 180
of 190
Sorted by Relevance
|
Sort by Date
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]
2 Oct 2011, 10:00 pm
In a case involving multiple ghosts of long lost companies, a judge in federal court in Manhattan has held that excess D&O insurers do not have a duty to “drop down” to fill the gaps in coverage caused by the insolvency of underlying insurers. [read post]
27 Feb 2011, 7:32 am
Rosenfeld about the Federal Home Loan Bank’s $51 billion in cash advances to Countrywide that were collateralized by $64 billion in bad mortgages. [read post]
3 May 2010, 11:50 pm
Fannie Mae was established to buy up home loans from banks thereby freeing up capital that could be lent out to other borrowers, and also to provide local banks with federal money to finance home mortgages. [read post]
21 Feb 2010, 5:29 am
I called an IndyMac executive some months ago to inquire as to why it was that the bank only forecloses and never agrees to modify under HAMP guidelines, even though by the date of my call IndyMac/One West was in fact signed on to receive funds from the federal government under HAMP. [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]
18 Nov 2010, 12:37 pm
” But now that the action is proceeding in federal court, the pleadings must conform with the applicable federal rules as interpreted by the federal courts. [read post]
18 Mar 2011, 7:31 am
” And last July, the FDIC filed a similar suit against four former executives of IndyMac Bank, seeking $300 million in damages. [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]
17 Mar 2016, 4:51 pm
The comparative negligence of banking regulators in failing to identify poor policies or loans during examinations has also been generally unavailing, as many federal courts have found that the FDIC as regulator owes no legal duty to the directors and officers to conduct bank regulatory examinations in any particular manner.[16] LESSON #6 – D&O INSURANCE IS A LAST LINE OF DEFENSE, NOT A COMPREHENSIVE SHIELD AGAINST LIABILITY D&O insurance… [read post]
15 Feb 2010, 7:25 pm
Dude: OneWest is a federal savings bank. [read post]
9 Nov 2009, 9:47 pm
 Maybe someone should send him a homeowner whose mortgage is with IndyMac/One West Bank. [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]
6 Jan 2015, 4:14 am
The IndyMac case was scheduled to be argued on Monday, October 6, 2014. [read post]
6 Sep 2011, 1:56 am
Just in the last few weeks, the FDIC has filed lawsuits involving the former CEO of IndyMac bank (about which refer here); former directors and officers of Haven Trust bank (refer here); former directors and officers of Silverton bank (refer here); and First National Bank of Arizona (refer here). [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]
24 Jan 2014, 12:57 am
Perry, 9] the FDIC alleged that the CEO of IndyMac Bank breached his fiduciary duties to the failed bank by allowing IndyMac to generate and acquire more than $10 billion in risky residential loans, resulting in more than $600 million in losses to the bank. [read post]
3 Oct 2011, 4:16 am
See, because it’s the Countrywide and IndyMac guys… it’s okay. [read post]
14 Apr 2008, 9:02 am
Both AFSCME and CtW are campaigning against directors at Seattle-based banking firm Washington Mutual. [read post]
12 Oct 2010, 6:36 am
And then they can never get off, and all because some bank held their deposit for 10 days waiting for the carrier pigeon to bring news from the Federal Reserve that the check had cleared. [read post]
