Search for: "INDYMAC BANK"
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12 Oct 2010, 7:22 pm
Guess these folks are getting a taste of what the employees at Charter Bank, BankUnited, IndyMac, Wamu, and so many other savings institutions that have been consigned to thrift hell by the OTS have had to eat. [read post]
25 Jan 2007, 7:00 am
Indymac Bank, F.S.B. [read post]
8 Jul 2009, 7:19 pm
If that's the case, then it makes sense for the FDIC to discourage private equity investors from bidding for failed banks and thrifts, except in cases where the FDIC thinks that the private investors are the only game in town, as was likely the case like for IndyMac and may well have been the case with BankUnited. [read post]
20 Feb 2012, 12:18 am
(The possibility that IndyMac’s second tower of insurance might be drawn into the claims was discussed in open court at a recent discovery proceeding in one of the IndyMac cases, as I noted here.) [read post]
5 Mar 2012, 12:11 am
National Australia Bank, the U.S. [read post]
12 Dec 2009, 7:20 am
IndyMac/One West Bank – Let’s see… Good old IndyMac has done 19,623 trial mods, but how many permanent mods? [read post]
13 Jul 2010, 8:11 pm
For example, on July 2nd, the FDIC filed a $300 million lawsuit in Federal Court against four former executives from IndyMac’s homebuilding division, and that’s got to put a spring in someone’s step all by itself. [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]
23 Mar 2023, 11:23 am
Delaware and (Central District) of California have both done large bank holding company bankruptcies: WaMu and IndyMac. [read post]
22 Sep 2012, 8:26 am
IndyMac Bank, that the debtor, Cook, could not use section 506(d) of the Bankruptcy Code (the "Code") to "strip off" a wholly unsecured junior lien. [read post]
24 Jul 2015, 5:00 am
Indymac Bank F.S.B (2005) 359 F.Supp.2d 891, 895-897 [employer’s failure to pay meal break premium wages was an unlawful business practice under the UCL].) [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]
19 Sep 2008, 11:34 pm
One could opine that one such hyena is Woodbridge Investments, LLC, whose business "ethics" include baiting gullible tort victims with gifts such as plasma TVs if they sell their structures, whose Vice President of Sales Scott Shapiro was quoted in this press release dated September 18, 2008 (published AFTER the AIG bailout was announced) " (all underlines for emphasis) "Major banking institutions and insurance companies like Indymac,… [read post]
29 Jul 2012, 9:20 pm
Senator Reed, who is the Banking Subcommittee on Securities, Insurance, and Investment chairman, said the bill provides the SEC with additional tools to truly hold Wall Street accountable for wrongdoing. [read post]
17 Jul 2015, 3:46 pm
District Court action against four former bank executives of the recently failed IndyMac Bank, F.S.B., I can unequivocally reject that notion. [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]
27 Feb 2011, 7:32 am
So, here’s sort of a highlights reel in print… I give you Angelo Mozillo, the man behind Countrywide, IndyMac, two of the most spectacular banking and mortgage industry failures in U.S. history. [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]
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]
