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FDIC’s Sale of IndyMac to One West Bank – Sweetheart deal or not?

Dennis Norman

Last week a friend emailed me a link to a video titled “The Indymac Slap in Our Face” that was created by Think Big Work Small.  I watched the video which gave a recap of the failure of Indymac bank back resulting in it’s seizure by the FDIC in July, 2008, and [...]

FDIC Launches Foreclosure Prevention Initiative

The Federal Deposit Insurance Corporation (FDIC) is launching an initiative to help consumers and the banking industry avoid unnecessary foreclosures and stop foreclosure “rescue” scams that promise false hope to consumers at risk of losing their homes. 

This initiative includes outreach, referral services, and an information tool kit.  Arming consumers with information will heighten consumers’ awareness of [...]