Indymac

Steve Mnuchin, Meet Rose Gudiel

Peter Dreier | Posted 12.03.2011

Read More: SFM Capital Management, City Harvest, Annual Practical Magic Ball, Jennifer Love Hewitt, OneWest Bank, Rose Gudiel, Fdic, The Hirshhorn Museum and Sculpture Garden Board, Goldman Sachs, Maria Bello, Mariska Hargitay, Robert E. Mnuchin, Federal Deposit Insurance Corp, Alliance of Californians for Community Empowerment, Riverdale Country School, Indymac, LA Mayor Antonio Villaraigosa, Whitney Museum, TriBeCa Ball, Heather Mnuchin, Service Employees International Union, New York Presbyterian Hospital, Museum of the City of New York, Dune Capital, New York Academy of the Arts, Southhampton Hospital, Steve Mnuchin, Hilary Swank, Kathy and Rick Hilton, Debra Messing, Acce, Los Angeles? Museum of Contemporary Art., Joyful Heart Foundation, Blair Underwood, Seiu, Business News
Peter Dreier

Gudiel would like Mnuchin to visit her at her home, because his OneWest Bank is trying to evict her and her family. If Mnuchin won't come to visit Gudiel, she will visit him, and bring some of her neighbors and friends with her.

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FDIC Sues Former IndyMac Bank CEO

Posted 09.06.2011

Read More: Michael-Perry, Indymac, Mortgage Crisis, 2008 Financial Crisis, Subprime Mortgages, Fdic, Sheila Bair, Lawsuit, Federal Deposit Insurance Corp, Business News

(Mihir Dalal) - The Federal Deposit Insurance Corp sued former IndyMac Bank Chief Executive Michael Perry to recover over $600 million in damages ...

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FDIC Slow To Pursue Bank Directors, Recover Funds

Posted 05.25.2011

Read More: Fdic Sues Bank Officers, Fdic, Federal Deposit Insurance Corporation, Federal Deposit Insurance Corp, Indymac, FDIC Failed Banks, Financial Crisis, FDIC Lawsuit, Business News

By Ben Hallman The Center For Public Integrity As the chief undertaker of the Great Recession, the Federal Deposit Insurance Corp. has briskly shu...

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Gretchen Morgenson: Court Case Exposes 'Bag Of Mortgage Tricks'

The New York Times | GRETCHEN MORGENSON | Posted 05.25.2011

Read More: Foreclosure Crisis, Fdic, Goldman Sachs, Silar Advisors, Mortgage Backed Securities, Mortgage Servicers, Compass, Mortgage Lenders, Indymac, Foreclosure, Foreclosure Rate, Business News

Last week, a jury in federal district court in Reno, Nev., awarded a group of 50 mortgage investors $5.1 million in punitive damages against defendant...

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Handcuffs for Wall Street, Not Happy-Talk

Zach Carter | Posted 05.25.2011

Read More: Citi, Sec, Recovery, Occ, Blankfein, Washington Mutual, Wall Street Prosecutions, Economy, Jobs, Obama, Wamu, Fraud, Financial Fraud, Ots, Goldman Sachs, Merrill Lynch, Abacus, Wall Street, Chrystia Freeland, Lehman Brothers, Citibank, Washington Post, Indymac, Wall Street Fraud, Business News
Zach Carter

When you steal a lot of money, you go to jail. Obama doesn't just need tough talk for Wall Street, he needs to prosecute the frauds that were committed, and explain them to the American people.

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FDIC Sues 4 Former IndyMac Execs For $300 Million In First Claim Against Failed Bank Heads

AP | MARCY GORDON | Posted 05.25.2011

Read More: Fdic, Indymac Fdic, Federal Deposit Insurance Corp, IndyMac Sued, Indymac Bank, Indymac, IndyMac Lawsuit, Indymac Bancorp, FDIC Indymac Lawsuit, Business News

WASHINGTON — Bank regulators have accused four former executives of failed IndyMac Bank of negligence in making loans to homebuilders and are se...

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Board Members Who Skated Away From Financial Failure, Responsibility

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011

Read More: Tarp, Fdic, Patrick C. Haden, Bank of America, Economy, Robert T. Parry, Thomas P. Gerrity, Wamu, Fannie Mae, William G. Reed Jr., John K. Wulff, Sunoco, Tetra Tech, Hugh M. Grant, Indymac, Financial Crisis, William G. Reed, Paccar, Countrywide Financial, Wall Street, Management, Business News

Directors who were supposedly minding the store as disaster struck at companies like Countrywide Financial, Washington Mutual or Fannie Mae have not a...

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FDIC Strangely Resembling A Private Investor

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Fdic, Corus, Commercial Reale State Sale, John Paulson, Franklin, Federal Desposit Insurance Corporation, Indymac, Loss-Share, Sheila Bair, Private Equity, Onewest, Business News

The Federal Deposit Insurance Corp. is looking for a few good business partners. The beleaguered federal agency, hammered by this year's spate of ...

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Zombie Companies Haunt Stock Market Rally

Garrett Johnson | Posted 05.25.2011

Read More: Indymac, Casinos, Fannie Mae, Zombie Banks, Freddie Mac, Washington Mutual, Wall Street, Lehman Brothers, Business News
Garrett Johnson

Insiders are selling and only speculators are buying. This doesn't sound like a market that the little guy should get involved with.

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Scott Polakoff, Top Bank Regulator, Placed On Leave Pending Probe Of Backdated Cash Infusions For IndyMac

AP | Posted 05.25.2011

Read More: Scott Polakoff, Indymac, Bank Regulator, John Bowman, Office of Thrift Supervision, Top Bank Regulator, Investigation, Pasadena-California, Business News

WASHINGTON — A top bank regulator has been placed on leave pending a Treasury Department investigation into regulators' approval of backdated ca...

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Ryan Grim

Inside IndyMac's Nationalization: A Case Study

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Indymac, Nationalization, IndyMac Sale, Politics News

When the federal government first took over IndyMac Bank in July, it estimated that it would cost between four and eight billion dollars to seize it, ...

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Bank Failures Will Cost FDIC Over $40 Billion

AP | MARCY GORDON | Posted 05.25.2011

Read More: Fdic, Banks, Bank Failures, Indymac, IndyMac Failure, Business News

WASHINGTON — Federal regulators now believe U.S. bank failures will cost the deposit insurance fund more than $40 billion over the next four yea...

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Failed IndyMac Sold For $13.9 Billion

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: IndyMac Sold, IndyMac Failure, Indymac Bank, Indymac, Business News

WASHINGTON — A seven-member group of investors has teamed up to buy the remnants of failed lender IndyMac Bank, a symbol of the housing boom and...

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IndyMac Sale Near: Deal To Sell Failed Bank To Private Equity Firms

New York Times | Zachery Kouwe | Posted 05.25.2011

Read More: Indymac, IndyMac Sale, IndyMac Private Equity, Private Equity, IndyMac Sold, Business News

IndyMac Bancorp, one of the largest banks to fail as a result of the subprime mortgage crisis, is close to being sold to a consortium of private equit...

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Advice To Team Obama: Keep FDIC's Bair

Robert Reed | Posted 05.25.2011

Read More: Fdic, Citigroup Wachovia, Obama's Cabinet, Geithner Bair, Wells Fargo Wachovia, Indymac, Henry Paulson, Timothy Geithner, Sheila Bair, FDIC Chairman Sheila Bair, Barack Obama, Chicago News
Robert Reed

Some infighting is considered good sport, even in the Obama era. But pushing out Federal Deposit Insurance Corp. Chairman Sheila Bair is not a wise, nor politically astute, decision.

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Struggling IndyMac Borrowers May Not Know They're Entitled To Help

Los Angeles Times | E. Scott Reckard | Posted 05.25.2011

Read More: Bailout, Finance, Economy, Banks, Financial Crisis, Personal Finance, Indymac, Business News

The Federal Deposit Insurance Corp.'s program to lower loan payments for struggling borrowers with mortgages from IndyMac Bank has been lauded by cons...

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Take Back Your Money

Jon Raymond | Posted 05.25.2011

Read More: Economy, Freddie Mac, Fdic, Money, Revolution, Bank Run, Indymac, Fannie Mae, Banks, Bear Stearns, Feds, Bank Runs, Saving Money, Business News
Jon Raymond

Want to know how to take back this country, or start a revolution? The answer is as obvious as the nose on your face. Banks. Take your money out of t...

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Feds: 117 Banks In Trouble, Highest Level Since 2003

AP | MARCY GORDON | Posted 05.25.2011

Read More: Indymac, Bank Failure, Bank Closure, Troubled Banks, Federal Deposit Insurance Corp, Business News

WASHINGTON — The number of troubled U.S. banks leaped to the highest level in about five years and bank profits plunged by 86 percent in the sec...

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California May Probe Senator Schumer Over IndyMac Collapse

Reuters | Posted 05.25.2011

Read More: Schumer Investigation, Banking Crisis, Bank Runs, IndyMac Collapse, Indymac, Charles Schumer, Schumer IndyMac, Business News

WASHINGTON (Reuters) - California's attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New Yo...

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Bush Cheerleads While the Economy Dives

Mona Gable | Posted 05.25.2011

Read More: George Bush, Gas Prices, The New York Times, Indymac, Economy, Ben Bernake, Mortgage Crisis, George W. Bush, Politics News
Mona Gable

I was extremely confused by Bush's rosy economic speech. Here my local bank, IndyMac, is collapsing, with distraught customers waiting in line for hours last week to get their money.

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Why We Are Where We Are

Tony Ressler | Posted 05.25.2011

Read More: Indymac, Indymac Bank, Consumer Debt, Economy, Business News
Tony Ressler

People used too much debt to buy things at the wrong time in the economic cycle and lenders have been too lax in their lending standards. This has all changed because it should -- in short, risk has been repriced.

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FBI Investigating IndyMac For Fraud In Home Loans To Risky Borrowers

AP | LARA JAKES JORDAN | Posted 05.25.2011

Read More: Indymac, Indymac Investigation, Fbi Investigates Indymac, Indymac Fraud Investigation, Indymac Fraud Home Loans, Business News

WASHINGTON — The FBI is investigating failed bank IndyMac Bancorp Inc. for possible fraud, an official said Wednesday of the government's latest...

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IndyMac Customers Line Up To Transfer Money To Mattresses

Reuters | Posted 05.25.2011

Read More: Economy, Indiemac, IndyMack, Banking Crisis, Indymac, IndyMac Seized, IndyMac Failure, Business News

With Federal Reserve Chairman Ben Bernanke reiterating that the U.S. economy isn't in great shape, government-sponsored enterprises Fannie Mae and Fre...

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Fed Regulators Explore New Territory

Jeffrey Shaffer | Posted 05.25.2011

Read More: Obama, Freddie Mac, Indymac, Bernie Mac, Economy, Politics News
Jeffrey Shaffer

IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressure of tighter credit, tumbling home prices and rising foreclosures

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Did Sen. Charles Schumer Cause The IndyMac Failure? He Says No

CNNMoney.com | Posted 05.25.2011

Read More: Why Did IndyMac Die, Banking Crisis, IndyMac Shut Down, IndyMac Closed, Indymac, IndyMac Seized, Chuck Schumer, Who Killed IndyMac, Charles Schumer, Business News

NEW YORK (CNN) -- Sen. Charles Schumer said Sunday the Bush administration is trying to "blame the fire on the person who calls 9-1-1" by suggesting h...

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