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2. IndyMac - Wikipedia

   en.wikipedia.org/wiki/IndyMac

   IndyMac's aggressive growth strategy, use of Alt-A and other nontraditional loan products, insufficient underwriting, credit concentrations in residential real estate in the California and Florida markets, and heavy reliance on costly funds borrowed from the Federal Home Loan Bank (FHLB) and from brokered deposits, led to its demise when the ...

3. 2008 financial crisis - Wikipedia

   en.wikipedia.org/wiki/2008_financial_crisis

   IndyMac's aggressive growth strategy, use of Alt-A and other nontraditional loan products, insufficient underwriting, credit concentrations in residential real estate in the California and Florida markets—states, alongside Nevada and Arizona, where the housing bubble was most pronounced—and heavy reliance on costly funds borrowed from a ...

4. Subprime crisis impact timeline - Wikipedia

   en.wikipedia.org/wiki/Subprime_crisis_impact...

   Speculation in residential real estate rose. During 2005, 28% of homes purchased were for investment purposes, with an additional 12% purchased as vacation homes. During 2006, these figures were 22% and 14%, respectively. [82]

5. Foreclosure suit targets properties owned by Santa Fe real ...

   www.aol.com/news/foreclosure-suit-targets...

   Aug. 27—Yet another lawsuit has been filed against Santa Fe real estate and art magnate Gerald Peters, who has been named a defendant in several complaints filed by creditors this year.

6. List of entities involved in 2007–2008 financial crises

   en.wikipedia.org/wiki/List_of_entities_involved...

   A list of companies, governmental and quasi-governmental agencies (government-sponsored enterprises), and/or non-profit organizations involved in the various economic and financial crises of 2007–2008.

7. Great Recession in the United States - Wikipedia

   en.wikipedia.org/wiki/Great_Recession_in_the...

   Deregulation also precipitated financial fraud - often tied to real estate investments - sometimes on a grand scale, such as the savings and loan crisis. By the end of the 1980s, many [quantify] workers in the financial sector were being jailed for fraud, but many Americans were losing their life savings. Large investment banks began merging ...

8. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   [76] Other analysts support the contention that the crisis in commercial real estate and related lending took place after the crisis in residential real estate. Business journalist Kimberly Amadeo reports: "The first signs of decline in residential real estate occurred in 2006. Three years later, commercial real estate started feeling the ...

9. OneWest Bank - Wikipedia

   en.wikipedia.org/wiki/OneWest_Bank

   On March 19, 2009, a seven-member investor group, IMB Holdco, led by Steven Mnuchin—which included billionaires Christopher Flowers, John Paulson, Michael Dell, and George Soros—purchased Independent National Mortgage Corporation (IndyMac Bank) of Pasadena, California for $13.65 billion from the FDIC and created OneWest, which then had 33 ...