Indy Mac News Today : Breaking News, Live Updates & Top Stories | Vimarsana

With the recent implosion of FTX, we need to focus on the truths about IMBs versus crypto, fintechs and new nonbanks in the market.

On June 21, the Detroit City Council postponed its scheduled vote on billionaire investor Dan Gilbert’s real estate company Bedrock’s request for an a

Know, i think they all get through. they just don't have the numbers to be able to not allow them. >> but get through bruised. >> absolutely. the minority party's job to start to take a stance on who they are going forward. it starts when you are in the minority. that's how you build. >> stick with us for a second. a lot to get through. another big hearing today. treasury secretary nominee steve mnuchin. former goldman sachs banker turned hollywood member. democrats could hit at another job. onewest. purchasing the failed lender indy mac. two filed a claim that onewest discriminated against no...

Steven mnuchin, and the other for rick perry to lead the energy department. we want to listen in to steve mnuchin giving his statement. >> extended offer 100,000 loan modifications to delinquent born owers to try to help them out of a bad situation. i am proud of the fact that loan modifications started at indy mac under the leadership of the fdic. however, the fdicoan modification program did not work for everyone. when the fdic took over indy mac, they estimated more than half of foreclosures would not meet their test for modification and they demanded policy

And independent government reviews routinely shows we had the most effective loan modifications of any bank. if we had not bought indy mac bank, it likely would have been broken up and sold in pieces to private investors where the outcome for consumers could have been much more bleak. overall i helped many homeowners stay in their homes and escape financial ruin through my management of one west bank. my experience confirmed that we must identify and eliminate unwise and burdensome policies which contributed to the disastrous outcomes that came in the wake of the financial collapse. many ameri...