Mortgage News from Around the World
FDIC: New 3% mortgage rates for some IndyMac borrowersLos Angeles Times, CA - 8 The FDIC today announced plans to help thousands of IndyMac borrowers...
IndyMac's Assets: Has the FDIC Found a Buyer?Seeking Alpha, NY - 55 The consortium would buy the bank’s $6 billion in assets, its 33 branches,...
IndyMac reopens under FDIC controlBizjournals.com, NC - 7 Some of them were associated with its Financial Freedom reverse mortgage operation, which the bank said it...
FDIC sets mortgage plan for IndyMac borrowersThe Associated Press - 25 FDIC Chairman Sheila Bair has been urging mortgage lenders and firms that service...
Private equity group buying IndyMac assets -FDICguardian.co.uk, UK - 4 IndyMac was the ninth-largest US mortgage lender in 2007, according to the newsletter Inside Mortgage...
FDIC Tries To Calm Fears About New IndyMacKMBC.com, MO - 9 Customers of IndyMac's reverse-mortgage subsidiary will continue to have access to their funds. Reverse...
FDIC decides to Sell IndyMacThe Money Times, India - 5 IndyMac was destabilized by enormous losses on its portfolio of home mortgage loans. The...
FDIC boosts IndyMac loan modifications six-fold in October; claims ... Financial Times, UK - 3 ... if successfully and widely implemented, is likely to...
FDIC Establishes Successor to IndyMac BankMarketWatch - 11 The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help...
Most banks are safe ... so is the FDICCNNMoney.com - 5 IndyMac specialized in risky mortgage loans to borrowers who were not forced to...
FDIC Will Modify Mortgages for Some IndyMac Borrowers (Update1)Bloomberg - 3 The bank services $184 billion in mortgage loans . The FDIC, a Washington-based...
IndyMac (IMB) Shut Down Due To Bank Run, FDIC Takes OverStreetInsider.com (subscription), MI - 1 hour ago IndyMac specialized in making and selling so-called Alt-A mortgage...
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