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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
Treasury and the Federal Deposit Insurance Corporation (FDIC) will backstop some losses against more than $300 billion in troubled assets. [read post]
4 Nov 2008, 1:55 am
The FDIC now administers these mortgages through a new entity called IndyMac Federal Bank. [read post]
29 Oct 2008, 10:46 pm
  The credit for this, however, does not go to any Federal initiative, but to the states. [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 Consumer Education… [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
Some homeowners are apparently also leery of a program that would require the homeowner to share their future appreciation with the federal government.The media does though report that there is some promise that the protocols of mortgage modifications being developed by Indymac and the FDIC may be widely implemented and adopted as models by other mortgage companies. [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
The consensus of the bar associations is that lawyers must be cautious about where they hold clients' funds, making sure they're in Federal Deposit Insurance Corp. [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]
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
Fast forward to earlier this year when WaMu, Countrywide and IndyMac all filed their 10Ks late on a Friday. [read post]
26 Sep 2008, 11:54 am
  The failure of such large entities as Washington Mutual, Bear Stearns, and IndyMac has left many people bewildered and afraid.[1]  Naturally unsettled by deepening concerns over the financial markets, many people are worried about both their financial assets and the future of the economy. [read post]
26 Sep 2008, 11:51 am
History, Washington Mutual (note the website has already been changed) was seized by federal regulators last night and immediately sold to J.B. [read post]