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IndyMac Bank Mortgage Implodes

So, the mortgage crisis continues…

IndyMac Bank appears to be stopping taking any new mortgage applications anymore… its a total mortgage implosion. A total blow up… SUB PRIMES has reared its ugly head yet again as IndyMac Bank announces massive job cuts amid horrible writedowns and mortgage losses…

Is this the last mortgage blowup ? It this the last mortgage bank to implode ?

I would really like to hear stories from people who have had dealings with IndyMac Bank. If anyone has a mortgage with them, please post a comment… share with our readers your story.

Robert Mandrake

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This was written by Robert Mandrake. Posted on Tuesday, July 8, 2008, at 12:09 am. Filed under Business. Bookmark the permalink. Follow comments here with the RSS feed. Post a comment or leave a trackback.

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