2008-07-14thetruthaboutmortgage.com

Tomorrow morning, Indymac Federal Bank will open its doors, largely to panicked and upset customers inquiring about their mostly-insured deposits.

On Friday, the FDIC announced that it had assumed control of the struggling mortgage lender, creating Indymac Federal Bank as its successor.



Comments: Be the first to add a comment

add a comment | go to forum thread