IndyMac Bancorp News

Despite Federal Reserve chairman Ben Bernanke's warm words, aimed as much at soothing the markets as sending a message to investment banks on what to expect in the future, the majority of investors remain ...

Wall Street fluctuated Tuesday amid sinking oil prices, as investors remained jittery about the ailing financial system and weak economy ahead of second-quarter earnings.

IndyMac Bancorp Inc. is sinking more than 43% ahead of today's opening bell, after the holding company announced late in the trading day Monday it would stop new loans.

Among the companies whose shares are expected to see active trade in Tuesday's session are Alcoa Inc., Pepsi Bottling Group Inc., and Sealy Corp.

IndyMac Bancorp said late Monday that regulators have told the lender it isn't "well capitalized" after failing to raise new capital.

IndyMac Bancorp, battling rumors that it's near collapse, has confirmed that its financial position "has deteriorated since last quarter," and said it was working with federal regulators "to further improve the ...

Sen. Charles E. Schumer publicly taunted bank regulators last week about IndyMac Bancorp's financial condition, which helped trigger a sudden outflow of deposits from the Pasadena thrift.

Struggling IndyMac Bancorp acknowledged today that it continued to face a larger-than-normal number of depositors looking to pull their funds, after new concerns about the Pasadena lender's health began to ...

IMB : 0.66, +6.45% ) felt the pain of a mini bank run this past week, thanks to a leaked letter from New York Senator Charles Schumer that questioned the bank's solvency and led to widespread press coverage ...

As we head into the July 4th holiday, it's clear that federal banking regualtors have one thing in common with beleaguered Indymac Bancorp Inc.

As if IndyMac Bancorp Inc. didn't have enough problems of the real variety right now - trying to find sources of capital among them, as bank losses tied to Alt-A mortgages mount - the Center for Responsible ...

IndyMac Bank has responded on its internal blog to the release of a critical letter sent late last week to federal banking regulators by Sen.

The Brualdi Law Firm P.C. announces that a lawsuit has commenced in the United States District Court for the Central District of California on behalf of purchasers of IndyMac Bancorp.

An emerging area of the secondary market appears to be gaining steam, even as a large part of the private-party securitization market remains in the deep freeze.

The chairman of the congressional Joint Economic Committee asked U.S. regulators Thursday to scrutinize the financial health of Pasadena-based IndyMac Bancorp Inc.

The former president of National Settlement Agency pleaded guilty Thursday to felony charges of embezzling the proceeds of mortgage refinancing transactions, the U.S. Department of Justice said Thursday.

The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in ...

LISLE, Ill. - First Trust Tax-Advantaged Preferred Income Fund today declared its regularly scheduled quarterly distribution payable on June 30, 2008 to shareholders of record as of June 20, 2008.

Despite a 200+ rise in the Dow on Thursday, Friday's Journal reported a few negatives: IndyMac Bancorp is trying to sell $540,000,000 in real estate loans at an average price of cents on the dollar and a low ...

Banks now facing new real estate financial problems 6/06/2008 04:26:00 AM ET Link Subprime loan defaults were bad enough, but now banks are dealing with fire sales to unload hundreds of millions and billions of ...