What happened to IndyMac Bank?

Answer Before its collapse in 2008, the Independent National Mortgage Corporation--better known as IndyMac Bank--was one of the largest mortgage originators in the United States. It was also the largest s... Read More »

Top Q&A For: What happened to IndyMac Bank

Who took over Indymac Bank?

OneWest Bank took over Indymac Bank following the financial institution's failure. OneWest changed the name of all Indymac banks to "OneWest" on March 20, 2009, according to "IndyMac Bank's New Nam... Read More »

Who is the president ceo of indymac bank?

Richard H. Wohl, Harvard Law alumnus, was promoted to president of IndyMac Bancorp Inc. in July, 2005. The chief executive officer (CEO), Michael W. Perry, has been with IndyMac since the company's... Read More »

Who owns IndyMac bank now?

The federal government shut down and took over operations for IndyMac in July 2008. OneWest Bank took over IndyMac's assets from the FDIC in March 2009 and still owns the defunct bank.Source:OneW... Read More »

Is IndyMac a publicly held bank?

IndyMac Bank is no longer a public company. It was purchased by OneWest Bank, a thrift holding company, on March 19, 2009. Bankrupt old IndyMac shares do still trade on the pink sheets for pennies ... Read More »