california home equity
Jan. 9 (Bloomberg) -- Bill Gross’s decision to back out of a $38 billion bond swap for GMAC LLC debt is paying off for his Pacific Investment Management Co. investors now that the U.S. government has bailed out the auto and mortgage lender. Pimco ...
Read moreGross Wins ‘Game of Chicken’ Shunning GMAC Swap as Bonds Soar - Bloomberg
Jan. 2 (Bloomberg) -- IndyMac Bank , the fourth-largest U.S. lender to fail in the past year, was sold to private-equity investors led by Steven Mnuchin of Dune Capital Management LP for $1.3 billion, the Federal Deposit Insurance Corp. said. “The ...
Read moreIndyMac Bank Sold By FDIC to Equity Group for $1.3 Billion - Bloomberg
Steve Donahue says loan applications at Tech Credit Union are up more than 1,000 percent compared to a year ago. A “tremendous” surge in residential mortgage applications is a welcome boost not only for a battered industry, but also for an ...
Read moreHome loan applications pile up - San Jose Business Journal
The Federal Deposit Insurance Corporation has signed a letter of intent to sell the banking operations of Pasadena, California-based IndyMac Federal Bank to a thrift holding company controlled by IMB Management Holdings, a partnership including ...
Read moreFDIC sells USD14bn IndyMac Federal to private equity consortium - Hedge Week.com
WASHINGTON: A seven-member group of investors has teamed up to buy the remnants of failed lender IndyMac Bank for $13.9 billion, federal regulators said on Friday. The Federal Deposit Insurance Corp said a holding company led by Steven Mnuchin, co ...
Read morePrivate equity group to buy IndyMac for $13.9 bn - Economic Times
Final bids for Rio Tinto Ltd's borates and talc divisions are expected to be submitted by private equity firms and a Chinese company as soon as next week, a news service has reported. Citing "sources close to the matter", a Reuters report on Friday ...
Read moreChinese bid for Rio's assets - ninemsn
In the coming decade, we will see some amazing new technologies that will affect our lives to such an extent that we will wonder how we ever lived without them. As transistors continue to shrink, nanoscale devices will be built into more objects on ...
Read moreFive Technologies Set to Change The Decade - Forbes
OCEANSIDE, Calif.--( BUSINESS WIRE )--International Stem Cell Corporation (OTCBB:ISCO) announced on December 30 that it had received the first $1 million tranche of an anticipated private equity financing of up to $5 million to be funded over the ...
Read moreInternational Stem Cell Corporation Discusses Recent Funding - Businesswire.com
IndyMac has 33 bank branches in Southern California with about $6.5 billion in deposits, about half the company's total at the time of its failure. Other IndyMac assets include a $157.7 billion loan servicing business, which collects mortgages and ...
Read moreFailed IndyMac Sells for $13.9B - Street.Com
WASHINGTON • A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank for $13.9 billion, federal regulators said Friday. The Federal Deposit Insurance Corp. said a holding company led by Steven Mnuchin, co ...
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