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The Philadelphia Business Journal (Free subscription) | 03/07/2008
Sun Bancorp Inc. said Thursday it incurred a second-quarter loan-loss provision of $6.5 million. (SNBC)
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The Atlanta Business Chronicle (Free subscription) | yesterday
Facing increasing losses and regulatory pressure, IndyMac Bancorp Inc. on Monday said it would close its forward mortgage business, and cut more than half of its 7,200-person work force. (IMB)
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The Los Angeles Business (Free subscription) | yesterday
Facing increasing losses and regulatory pressure, IndyMac Bancorp Inc. on Monday said it would close its forward mortgage business, and cut more than half of its 7,200-person work force. (IMB)
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Business Wire (Free subscription) | yesterday
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDRs) of Indymac Bancorp Inc. (IMB) and its wholly owned bank subsidiary, Indymac Bank FSB (the
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The Philadelphia Business Journal (Free subscription) | yesterday
Beneficial Mutual Bancorp Inc. said Tuesday it has authorized the funding of a trust that will buy up to 1.6 million shares, or about 1.96 percent, of the company's outstanding common stock. (BNCL)
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San Fransisco Chronicle (Free subscription) | yesterday
Mortgage lender IndyMac Bancorp Inc., struggling to raise capital to stay in business, said Monday it has stopped accepting new loan submissions in its main mortgage lending divisions and plans to slash 3,800 jobs, or more than half of its work force. The...
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Home Personal Finance (Free subscription) | yesterday
AP - Mortgage lender IndyMac Bancorp Inc., struggling to raise capital to stay in business, said Monday it has stopped accepting new loan submissions in its main mortgage lending divisions and plans to slash 3,800 jobs, or more than half of its work force.
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The Washington Times (Free subscription) | yesterday
Mortgage lender IndyMac Bancorp Inc., struggling to raise capital to stay in business, said Monday it has stopped accepting new loan submissions in its main mortgage lending divisions and plans to slash 3,800 jobs, or more than half of its work force.
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Globe and Mail (Free subscription) | 3 hours ago
Mortgage lender IndyMac Bancorp Inc. said yesterday depositors had been withdrawing cash at an ''elevated'' pace since a key U.S. senator questioned its ability to survive the housing crisis. IndyMac shares sank 27 cents, or 38 per cent to 44 cents (U.S.). A collapse of the largest independent, publicly traded U.S. mortgage lender could prove a headache for regulators since more than...
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MSNBC.com (Free subscription) | yesterday
Mortgage lender IndyMac Bancorp Inc., struggling to raise capital to stay in business, said Monday it has stopped accepting new loan submissions.
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Free Internet Press (Free subscription) | 10 hours ago
IndyMac Bancorp Inc. said on Tuesday depositors were withdrawing cash at an "elevated" pace after a key U.S. senator questioned the big mortgage lender's ability to survive the U.S. housing crisis. Shares of IndyMac, the largest independent, publicly traded U.S. mortgage lender, fell as much as 52 percent. Paul Miller, a Friedman, Billings, Ramsey & Co analyst, said shareholders could...
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Market Watch (Free subscription) | yesterday
(This article was originally published Monday) NEW YORK (MarketWatch) -- For troubled regional banks that need new capital, the stakes are becoming a matter of survival. On Monday, IndyMac Bancorp Inc. , a West Coast lender struggling with rising consumer loan delinquencies and fast-depleting cash reserves, said it is under heavy pressure from regulators to shrink its business quickly....
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The Pacific Business News (Free subscription) | yesterday
Facing increasing losses and regulatory pressure, IndyMac Bancorp Inc. on Monday said it would close its forward mortgage business, and cut more than half of its 7,200-person work force. (IMB)
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The East Bay Business Times (Free subscription) | 07/07/2008
Facing increasing losses and regulatory pressure, IndyMac Bancorp Inc. on Monday said it would close its forward mortgage business, and cut more than half of its 7,200-person work force. (IMB)