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1. en.wikipedia.org › wiki › IndyMacIndyMac - Wikipedia

   en.wikipedia.org › wiki › IndyMac

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   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).

   • Founded: July 16, 1985 (as Countrywide Mortgage Investment), July 1, 1997 (as independent entity)

   • Industry: Banking

2. money.cnn.com › 2018/07/11 › news10 years ago: IndyMac collapses and starts a flood of bank ...

   money.cnn.com › 2018/07/11 › news

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   Jul 11, 2018 · IndyMac, a California bank that had grown into one of the nation's largest mortgage lenders, failed 10 years ago Wednesday. Even though most money in the bank was protected by the FDIC, the ...

3. www.fdic.gov › failed-bank-list › indymacFDIC: Failed Bank Information - Bank Closing Information for ...

   www.fdic.gov › failed-bank-list › indymac

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   Mar 7, 2024 · The FDIC closed IndyMac Bank, F.S.B., Pasadena, CA on July 11, 2008 and transferred its deposits to OneWest Bank, F.S.B., Pasadena, CA. The FDIC provides information about the institution's closing, banking services, unclaimed deposits, possible claims, and dividend information.

4. money.cnn.com › 2008/07/12 › newsThe rise and fall of IndyMac - Jul. 12, 2008 - CNN Business

   money.cnn.com › 2008/07/12 › news

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   Jul 12, 2008 · NEW YORK (CNNMoney.com) -- In what could turn out to be the most expensive bank failure ever, troubled mortgage lender IndyMac Bancorp Inc. was taken over by federal regulators on Friday.

5. www.nytimes.com › 2008/07/13 › businessIndyMac one of the largest bank failures in U.S. history

   www.nytimes.com › 2008/07/13 › business

   Jul 13, 2008 · The seizure of IndyMac Bancorp by U.S. regulators marks one of the largest bank failures in American history. The bank, once part of Countrywide Financial, is the first major bank to shut its ...

6. People also ask

   What happened to IndyMac Bank?

   • In 1997, Countrywide spun off IndyMac as an independent company run by Mike Perry, who remained its CEO until the downfall of the bank in July 2008. In July 2000, IndyMac Mortgage Holdings, Inc. acquired SGV Bancorp, the parent of First Federal Savings and Loan Association of San Gabriel Valley.

   IndyMac - Wikipedia

   en.wikipedia.org/wiki/IndyMac

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   What happened to IndyMac?

   • Customers line up to try to get their money after the failure of IndyMac in July 2008. By 2005 and 2006, for the first and only time, the dollar value of non-traditional loans such as subprime and Alt-A mortgages overtook the safer loans that Fannie and Freddie would accept. IndyMac rode that boom.

   10 years ago: IndyMac collapses and starts a flood of bank failures

   money.cnn.com/2018/07/11/news/companies/indymac-failure/index.html

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   Is IndyMac Bank a FDIC-insured institution?

   • All non-brokered insured deposit accounts and substantially all of the assets of IndyMac Bank, F.S.B. have been transferred to IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA "assuming institution") a newly chartered full-service FDIC-insured institution.

   Failed Bank Information - FDIC: Federal Deposit Insurance Corporation

   www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/indymac.html

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   What is IndyMac Federal Bank?

   • The FDIC established a new institution, IndyMac Federal Bank, F.S.B., to help the FDIC maximize the value of the institution while maintaining banking services in communities served by the bank. According to regulatory policy, there is no advance notice given to the public.

   FDIC: Failed Bank Information - Question and Answer Sheet for IndyMac

   www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/indymac-q-and-a.html

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7. www.latimes.com › archives › la-xpm-2008-jul-12-fiFederal regulators seize crippled IndyMac Bank - Los Angeles ...

   www.latimes.com › archives › la-xpm-2008-jul-12-fi

   Jul 12, 2008 · July 12, 2008 12 AM PT. Times Staff Writers. The federal government took control of Pasadena-based IndyMac Bank on Friday in what regulators called the second-largest bank failure in U.S. history...

8. www.fdic.gov › indymac-q-and-aFDIC: Failed Bank Information - Question and Answer Sheet for ...

   www.fdic.gov › indymac-q-and-a

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   3 days ago · The FDIC provides answers to common questions about the failure of IndyMac Bank, a failed bank that was resolved as a conservatorship in 2008. Learn how to claim your account, get your final statement, transfer your money, and more.