Is there anyone left in the banking regulatory ranks with a fire in their belly? Is there no one who has had enough and will insist that the fraudulent controlling officers limp away bankrupt rather than strut away wealthy?
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.
(Mihir Dalal) - The Federal Deposit Insurance Corp sued former IndyMac Bank Chief Executive Michael Perry to recover over $600 million in damages ...
By Ben Hallman The Center For Public Integrity As the chief undertaker of the Great Recession, the Federal Deposit Insurance Corp. has briskly shu...
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...
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.
WASHINGTON — Bank regulators have accused four former executives of failed IndyMac Bank of negligence in making loans to homebuilders and are se...
Directors who were supposedly minding the store as disaster struck at companies like Countrywide Financial, Washington Mutual or Fannie Mae have not a...
The Federal Deposit Insurance Corp. is looking for a few good business partners. The beleaguered federal agency, hammered by this year's spate of ...
Insiders are selling and only speculators are buying. This doesn't sound like a market that the little guy should get involved with.
WASHINGTON — A top bank regulator has been placed on leave pending a Treasury Department investigation into regulators' approval of backdated ca...
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, ...
WASHINGTON — Federal regulators now believe U.S. bank failures will cost the deposit insurance fund more than $40 billion over the next four yea...
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...
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...
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.
The Federal Deposit Insurance Corp.'s program to lower loan payments for struggling borrowers with mortgages from IndyMac Bank has been lauded by cons...
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...
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...
WASHINGTON (Reuters) - California's attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New Yo...
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.
WASHINGTON — The FBI is investigating failed bank IndyMac Bancorp Inc. for possible fraud, an official said Wednesday of the government's latest...
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.
With Federal Reserve Chairman Ben Bernanke reiterating that the U.S. economy isn't in great shape, government-sponsored enterprises Fannie Mae and Fre...
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
