|
gptkbp:instance_of
|
gptkb:Bank
|
|
gptkbp:acquired_by
|
gptkb:Federal_Deposit_Insurance_Corporation
|
|
gptkbp:acquisition_year
|
July 11, 2008
|
|
gptkbp:assets
|
$32 billion
|
|
gptkbp:business_model
|
originate and sell loans
|
|
gptkbp:ceo
|
gptkb:Michael_Perry
|
|
gptkbp:closing_date
|
July 11, 2008
|
|
gptkbp:community_involvement
|
various charitable initiatives
|
|
gptkbp:conflict
|
significant losses
|
|
gptkbp:dissolved
|
gptkb:2008
|
|
gptkbp:employees
|
approximately 7,000
|
|
gptkbp:fdicinsurance
|
yes
|
|
gptkbp:financial_aid
|
FHA loans
conventional loans
VA loans
jumbo loans
|
|
gptkbp:financial_products
|
credit cards
personal loans
auto loans
student loans
business loans
investment property loans
payday loans
commercial loans
construction loans
land loans
reverse mortgages
mortgage refinancing
second mortgages
|
|
gptkbp:financials
|
mortgage lender
|
|
gptkbp:founded
|
gptkb:1985
|
|
gptkbp:has_a_focus_on
|
home loans
|
|
gptkbp:headquarters
|
gptkb:Pasadena
gptkb:Pasadena,_California
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Indy Mac Bank
|
|
gptkbp:industry
|
gptkb:financial_services
|
|
gptkbp:investment_focus
|
residential real estate
|
|
gptkbp:key_people
|
gptkb:David_Loeb
gptkb:John_A._Mc_Gowan
|
|
gptkbp:legacy
|
impact on mortgage industry regulations
|
|
gptkbp:location
|
gptkb:United_States
|
|
gptkbp:market_share
|
significant in California
|
|
gptkbp:net_income
|
-$1.55 billion
|
|
gptkbp:notable_event
|
largest bank failure in U. S. history at the time
|
|
gptkbp:parent_company
|
gptkb:Indy_Mac_Bancorp,_Inc.
|
|
gptkbp:partnerships
|
various mortgage brokers
|
|
gptkbp:reformed
|
after FDIC takeover
|
|
gptkbp:regulatory_compliance
|
gptkb:Office_of_Thrift_Supervision
|
|
gptkbp:reputation
|
known for aggressive lending practices
|
|
gptkbp:revenue
|
$1.5 billion
|
|
gptkbp:services
|
mortgage loans
|
|
gptkbp:stock_symbol
|
IMB
|
|
gptkbp:strategic_goals
|
gptkb:2008_financial_crisis
|
|
gptkbp:subsidiary
|
gptkb:Indy_Mac_Mortgage_Holdings,_Inc.
|
|
gptkbp:successor
|
gptkb:One_West_Bank
|
|
gptkbp:type
|
gptkb:Bank
|
|
gptkbp:type_of_loan
|
fixed-rate mortgage
adjustable-rate mortgage
home equity line of credit
subprime mortgage
|
|
gptkbp:website
|
www.indymac.com
|
|
gptkbp:bfsParent
|
gptkb:One_West_Bank
|
|
gptkbp:bfsLayer
|
7
|