Company Name | Indymac Bank |
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Website | https://en.wikipedia.org |
Snippet | IndyMac, a contraction of Independent National Mortgage Corporation, was an American bank based in California that failed in 2008 and was seized by the United States Federal Deposit Insurance Corporation (FDIC). Before its failure, IndyMac Bank was the largest savings and loan association in the Los Angeles area and the seventh largest mortgage ... |
Fate | Chapter 7 bankruptcy and seized by the Federal Deposit Insurance Corporation |
Type | Savings bank/federally-owned bridge bank |
Defunct | July 11, 2008 (July 11, 2008) |
Founded | 1985 |
Industry | Banking |
Products | Alt-A mortgages and reverse mortgages |
Successors | Key Bank |
Headquarters | Pasadena, California, United States |
Subsidiaries | IndyMac Federal Bank, Financial Freedom, New York Mortgage Company, Barrington Capital Corporation |
Total assets | $32.01 billion (at time of seizure by FDIC) |
Indymac Bank is part of the United States company list
Indymac Bank is part of the Banks company list
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