Nov 18 (Reuters) - OneWest Bank FSB, which emerged from the failed lender IndyMac , plans to pay a $1 billion dividend to backers ahead of an initial public offering next year, Bloomberg News...
said federal criminal investigations into failed lenders IndyMac Bancorp and New Century Financial have stalled, although New York recently opened its own probe into IndyMac . In addition, Justice has closed an investigation to
America (BAC), JPMorgan (JPM), Citigroup (C), Ally Financial's GMAC mortgage unit, Wells Fargo (WFC) and OneWest Bank . New Jersey is the first state to take action against improper foreclosures at the level of the state supreme court
Shares of National City NCC fell sharply in trading Monday in the wake of the failure of Indymac IMB on Friday and growing concerns about the health of the banking sector overall. National City issued a release saying that
clothing marketer J. Jill Group Jill to the oil- and gas-producer Swift Energy [Ticker SFY and the mortgage provider Indymac Bancorp NDE. Furthermore, the fund has stayed on top of the small-value group in 2001. It has soared 35% for the