Search for: "INDYMAC BANK"
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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 Jul 2008, 7:29 am
The latest in this ongoing operation are rumors that the FBI is investigating a major lender, IndyMac for mortgage fraud. [read post]
23 Sep 2010, 4:20 pm
Even so, one day I hear from homeowners that Indymac is “the worst,” and the next it’s Chase that is modifying nothing. [read post]
25 Apr 2011, 7:47 pm
I can’t tell you the name of the bank in question, except to say that when they’re a “bank,” and their name starts with “IndyMac”. [read post]
30 Jun 2010, 5:58 am
Well, maybe not… unless of course they’d promise to blow up IndyMac/One West, or something similar. [read post]
24 Dec 2011, 2:00 am
He tried to convince his bank to modify his mortgage since then. [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]
29 Jul 2011, 5:23 pm
Obviously, that’s no accident; will the banking lobby please take a bow. [read post]
7 Sep 2011, 1:23 am
For example, as discussed here, a subsidiary of the failed IndyMac Bank, which is a defendant in a number of lawsuits arising out of the bank’s failure, recently attempt to obtain a judicial declaration of coverage in order to sort out who was entitled to what under the bank’s D&O policies. [read post]
3 Sep 2014, 4:14 am
The question presented in the IndyMac MBS case is whether or not under American Pipe tolling the filing of a class action lawsuit tolls the three-year statute of repose. [read post]
24 Mar 2010, 12:00 am
And as far as lying to banks… well… I encourage it. [read post]
4 Nov 2011, 1:42 am
Well, two pillars of transparency, the Financial Services Roundtable’s Housing Policy Council and the Hope Now Banking Alliance (okay, so the “banking” doesn’t really belong in their name, but it sort of does), held a conference call yesterday afternoon for Housing Counseling network partners and other not-for-profit organizations around the country and one of the housing counselors who participated in the call echoed my thoughts from last May, saying that… [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]
24 Jun 2012, 10:07 pm
In a harsh June 21, 2012 opinion (here), Southern District of New York Judge Paul A. [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]
23 Apr 2014, 8:50 am
IndyMac MBS, Inc., 13-640 (granted at the March 7 Conference, relisted once); Integrity Staffing Solutions v. [read post]
19 May 2017, 12:23 pm
FFSFC, a subsidiary of Indymac Bank, was placed into FDIC receivership in July 2009. [read post]
9 Jan 2012, 12:58 am
Some of the dismissed cases may yet survive renewed dismissal motion, as was the case with a number of cases in which dismissal motions were initially granted – for example, the Washington Mutual case (here), the Credit Suisse case (here), the New Century Financial case (here), PMI Group (here), and IndyMac (here). [read post]
6 Apr 2010, 1:58 am
She also found that various statements about the bank’s loan underwriting practices on which the plaintiffs sought to rely were not false and misleading. [read post]
18 Nov 2010, 12:37 pm
We did a post the other day about, among other things, the applicability of the TwIqbal federal pleading standard in removed cases. [read post]
