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Tag Archives: downey
Indy Mac Bank Going Down?
It appears to be a few months from being shut down, something you wrote about with regard to Downey and First Fed many months ago – they are cutting 60% of their workforce and not doing any more loans. I … Continue reading
L.A. Bank Death Watch: Downey, First Federal, Washington Mutual, Fremont
You’ll show up one day and there’ll be a notice that this bank has been taken over the FTIC and if you have money there, it’ll take a couple of days to get it. Or Bank of America buys them … Continue reading
Posted in Economics
Tagged amortization, bank of america, bloke, couple of days, death watch, downey, finance, ftic, graduated payment mortgage, introductory period, loan payment, loan payments, losses, money, negative amortization, quot, washington mutual, wikipedia
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