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2. IndyMac - Wikipedia

   en.wikipedia.org/wiki/IndyMac

   When home prices declined in the latter half of 2007 and the secondary mortgage market collapsed, IndyMac was forced to hold $10.7 billion of loans it could not sell in the secondary market. Its reduced liquidity was further exacerbated in late June 2008 when account holders withdrew $1.55 billion or about 7.5% of IndyMac's deposits. [ 19 ]

3. Government intervention during the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_intervention...

   IndyMac Bank, America's leading Alt-A originator in 2006 [5] with approximately $32 billion in deposits, was placed into conservatorship by the Federal Deposit Insurance Corporation (FDIC) on 11 July 2008, citing liquidity concerns. A bridge bank, IndyMac Federal Bank FSB, was established under the control of the FDIC. [6]

4. 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.

5. Subprime crisis impact timeline - Wikipedia

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

   July 11 Indymac Bank, a subsidiary of Independent National Mortgage Corporation (Indymac), is placed into the receivership of the Federal Deposit Insurance Corporation by the Office of Thrift Supervision. It was the fourth-largest bank failure in United States history, [207] and the second-largest failure of a regulated thrift.

6. Bank of America Home Loans - Wikipedia

   en.wikipedia.org/wiki/Bank_of_America_Home_Loans

   Finally, on July 1, 2008, Bank of America Corporation completed its purchase of Countrywide Financial Corporation. In 1997, Countrywide spun off Countrywide Mortgage Investment as an independent company called IndyMac Bank. [5] Federal regulators seized IndyMac on July 11, 2008, after a week-long bank run. [6] [7] [8]

7. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   As of September 2012, approximately 1.4 million homes, or 3.3% of all homes with a mortgage, were in some stage of foreclosure compared to 1.5 million, or 3.5%, in September 2011. During September 2012, 57,000 homes completed foreclosure; this is down from 83,000 the prior September but well above the 2000–2006 average of 21,000 completed ...