IndyMac Sale Is Imminent

Posted by Orb Staff on December 26, 2008 No Comments
Categories : Residential Mortgage

Regulators are expected to reach a deal for the sale of the assets of failed lender IndyMac within the next several days, according to several published reports.

The company may be sold by the Federal Deposit Insurance Corp. either as a single entity or in several pieces, Reuters says. The deadline for final bids for the company's assets was Dec. 15.

SOURCE: Reuters

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