Search for: "Indymac Bank"
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3 Dec 2008, 5:55 am
The continuing wave of bank takeovers and forced buybacks of loans present challenges to homeowners seeking help with their loans - your loan may be with one bank today, and with another bank or the government next week. [read post]
3 Dec 2008, 5:55 am
The continuing wave of bank takeovers and forced buybacks of loans present challenges to homeowners seeking help with their loans - your loan may be with one bank today, and with another bank or the government next week. [read post]
22 Jul 2008, 12:17 pm
IndyMac Bank, F.S.B., 547 F.Supp.2d 56, 56 (D.Mass. 2008). [read post]
4 Jun 2012, 9:56 am
The victim banks included Washington Mutual (now JPM Chase), Bank of America, American Sterling Bank, ING Bank, IndyMac Bank, and Merrill Lynch & Co. [read post]
4 Jun 2012, 9:56 am
The victim banks included Washington Mutual (now JPM Chase), Bank of America, American Sterling Bank, ING Bank, IndyMac Bank, and Merrill Lynch & Co. [read post]
27 Feb 2012, 10:54 am
Apparently, Citibank was serving as trustee for the mezzanine tranches of some of the loans, and was the investor in the AA- 2-year CDO squared, but says the bank hired Wells Fargo to short AIG in order to protect itself from volatility in the asset-backed commercial paper market and the possibility of margin calls resulting from exposure to default by Greece, if it occurred in the third quarter of 2011, but through leveraging inverse interest rate swaps against bonds offered by… [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 Apr 2009, 6:12 pm
UPDATE: An IndyMac connection? [read post]
9 Mar 2012, 4:28 am
What most people have come to recognize since the crisis is that the Fed and other bank regulators had strong oversight responsibilities for the banking system, but banks-Citi, Wachovia, Washington Mutual and IndyMac-got into just as much trouble as the supposedly “unsupervised” investment banks. [read post]
8 Jun 2011, 3:47 am
IndyMac Bank 26 times, fanniemae.com 20 times. [read post]
1 Jun 2009, 7:12 pm
Gottlieb, head of the Financial Institutions and Insurance group for Dykema in Chicago, who represented IndyMac in the Cleveland case and NationsBank in Buffalo. [read post]
10 Jun 2012, 6:44 pm
See Failed Bank Information, Information for IndyMac Bank, F.S.B., and IndyMac Federal Bank, F.S.B., Pasadena, CA. http://www.fdic.gov/bank/individual/failed/IndyMac.html (last visited May 22, 2012). [read post]
2 Jun 2014, 7:35 am
The New Plaintiffs, several banks and pension funds, asserted claims under Sections 11, 12 and 15 of the Securities Act of 1933 but did so after the expiration of the three-year statute of repose applicable to such claims. [read post]
14 Dec 2011, 7:31 pm
The judge denied a motion by the former CEO of IndyMac to dismiss a complaint filed against him by the FDIC as receiver for IndyMac, that alleged simple negligence by the former CEO. [read post]
3 Jan 2013, 12:28 am
On December 7, 2012, in connection with the first D&O suit the agency filed as part of the current bank failure wave and in what may prove to be one of the most dramatic resolutions of any failed bank suit, a jury in the Central District of California entered a $168.8 million verdict in the FDIC’s lawsuit against three former officers of the failed IndyMac 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]
3 Nov 2011, 9:08 am
In July 2008, citing a massive run on deposits, the FDIC closed Pasadena, California-based IndyMac Bank with approximately $32 billion in assets, making it the third largest bank failure in U.S. history at the time. [read post]
19 Jul 2009, 7:41 pm
So, according to Black, CEOs and directors of both regulated and unregulated banks like IndyMac deliberately concocted a scheme to make "bad loans" (which "pay more than good loans"). [read post]
24 Jan 2008, 1:56 pm
• HSBC Holdings, PLC • Indymac Bancorp., Inc. [read post]
8 Jun 2010, 8:21 am
Cardona admitted that she submitted a fraudulent loan application to IndyMac Bank by inflating her income and assets and impersonating her cleaning lady to receive loans to buy a property that Cardona owned herself. [read post]