IndyMac Executives Sued for $300 Million

written by
MORTGAGE EXPERT
7 · 14 · 10

LOS ANGELES — Former executives of IndyMac Bank’s construction-and-development lending unit have been sued for $300 million as federal regulators try to recover losses from the failure of the Alt-A lender. The lawsuit is part of a new strategy against senior managers of failed financial institutions and will likely be followed by more litigation.

This story is no longer available.
However, a copy might still be available at www.latimes.com

Mortgage Expert

Mortgage Daily Staff

Subscribe

Related
Posts

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.