Indymac - Latest Popular Stories, Instablogs Community

AP release proves: DNC controls power of the rumour!

John — Sun, 13 Jul 2008 22:54:36 +0000

The article below released by the AP clearly shows that the Democrats use of economic terror tactics works to a great extent and much more than anticipated. In the DNCs attempt to control the US elections of House, Senate, Lawmakers and even...

Customers furious in Day 2 of IndyMac fed takeover

AP — Tue, 15 Jul 2008 15:59:50 +0000

Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money on the second day of the failed institution’s federal...

Customers furious in Day 2 of fed takeover IndyMac

AP — Tue, 15 Jul 2008 15:46:37 +0000

Police have been called in to tame an angry throng of IndyMac Bank customers trying to pull money out of the Encino branch on Day 2 of a federal bank takeover.

Treasurys rise as financial sector drops

AP — Mon, 14 Jul 2008 19:53:48 +0000

Treasury bond prices rebounded Monday on concerns that more financial institutions could fail in the wake of IndyMac’s demise.

New IndyMac CEO reassures consumers

AP — Mon, 14 Jul 2008 11:22:50 +0000

The new chief executive of IndyMac Bancorp said late Sunday new lending standards should prevent the kind of problems that have brought down credit markets.

Office of Thrift Supervision shuts down IndyMac

AP — Fri, 11 Jul 2008 22:38:20 +0000

The Office of Thrift Supervision says it has closed mortgage lender IndyMac Bank.

IndyMac stops new loans, to cut work force by half

AP — Mon, 07 Jul 2008 22:58:51 +0000

Mortgage lender IndyMac Bancorp Inc., struggling to raise capital to stay in business, said Monday it has stopped accepting new loan submissions in its main mortgage lending divisions and plans to slash 3,800 jobs, or more than half of its work...

IndyMac Bancorp swings to 1st-qtr loss, sees 2008 loss

AP — Mon, 12 May 2008 12:19:39 +0000

IndyMac Bancorp Inc. said Monday it swung to a loss in the first quarter as deteriorating credit markets forced the mortgage lender to lower the value of mortgage-backed securities, and warned it would not post a profitable quarter in...

IndyMac swings to 1Q loss, sees 2008 loss

AP — Mon, 12 May 2008 11:25:06 +0000

IndyMac Bancorp says it swung to a first-quarter loss as deteriorating credit markets forced write-downs on the value of mortgage-backed securities.

IndyMac Records First Annual Loss

AP — Tue, 12 Feb 2008 19:30:21 +0000

IndyMac Bancorp Inc. reported the first annual loss in company history Tuesday and scrapped its dividend to shore up capital.