Indymac Bank Corp

Industry:

Banking

Description

IndyMac Bank is the principal subsidiary of IndyMac Bancorp, Inc. (NDE) a federally regulated savings and loan holding company with $7.4 billion in assets and a market cap of approximately $1.3 billion. IndyMac Bank is one of the leading mortgage bankers in the country due to its award-winning asset generation franchise predominantly over the Web. IndyMac Bank is ranked as the number-one overall online mortgage lender (Gomez Report since Fall 2000), among the 25 largest mortgage lenders nationwide, the recipient of Mortgage Technology's 10X Award (2000) and Inman News Features' Most Innovative Use of Technology in Lending Award (2001). IndyMac Bank also offers Web-enhanced banking services and provides commercial loans to homebuilders for the purpose of constructing new single-family residences. IndyMac Bank is FDIC-insured.

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Milestone Advisors LLC Launches Milestone Asset Resolution Company. Business Wire; 7/15/2009 ...Corporation (ICLC), a wholly-owned subsidiary of Indymac Bank, where he was responsible for the development, launch...Fraser was CEO and EVP of Home Construction Lending at IndyMac Bank for 12 years, and was retained by the FDIC in its role... ...more

IndyMac Bank AP Images; 7/13/2009 Former IndyMac depositors, many who lost their savings, demonstrate Monday, July 13, 2009, on the one-year anniversary of the Federal Deposit Insurance Corp. (FDIC) takeover of the IndyMac Bank in Irvine, Calf. (AP Photo/Nick Ut) ...more

IndyMac Vets Offer Construction Advice.(Mortgages)(R. Patterson Jackson and Jim Fraser have been appointed at Milestone Merchant Partners LLC)(Brief article) American Banker; 7/20/2009 Byline: Marc Hochstein Two former IndyMac Bank executives have joined the investment bank Milestone...executive vice president of home construction lending at IndyMac Bank. The Federal Deposit Insurance Corp. kept him on after... ...more