#indymac — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #indymac, aggregated by home.social.
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Mr #Mnuchin returned to banking during the financial crisis, gathering a group of investors including hedge fund bigwigs George #Soros and John @Paulson, private equity investor Christopher #Flowers and computer mogul Michael #Dell to buy failed mortgage lender #IndyMac.
The bank, renamed #OneWest Bank, returned to financial health but it became known for quickly seizing the homes of borrowers who fell behind on their mortgage payments.
In 2009, a New York judge called OneWest's behaviour "#harsh, @repugnant, #shocking and #repulsive'' in trying to foreclose on a New York family.
OneWest said it "respectfully disagreed" with the court. Two years later, protesters marched on Mr Mnuchin's Los Angeles mansion accusing OneWest Bank of aggressive foreclosure practices.
It was sold to CIT Group in 2015 in a lucrative deal
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Mr #Mnuchin returned to banking during the financial crisis, gathering a group of investors including hedge fund bigwigs George #Soros and John @Paulson, private equity investor Christopher #Flowers and computer mogul Michael #Dell to buy failed mortgage lender #IndyMac.
The bank, renamed #OneWest Bank, returned to financial health but it became known for quickly seizing the homes of borrowers who fell behind on their mortgage payments.
In 2009, a New York judge called OneWest's behaviour "#harsh, @repugnant, #shocking and #repulsive'' in trying to foreclose on a New York family.
OneWest said it "respectfully disagreed" with the court. Two years later, protesters marched on Mr Mnuchin's Los Angeles mansion accusing OneWest Bank of aggressive foreclosure practices.
It was sold to CIT Group in 2015 in a lucrative deal
-
Mr #Mnuchin returned to banking during the financial crisis, gathering a group of investors including hedge fund bigwigs George #Soros and John @Paulson, private equity investor Christopher #Flowers and computer mogul Michael #Dell to buy failed mortgage lender #IndyMac.
The bank, renamed #OneWest Bank, returned to financial health but it became known for quickly seizing the homes of borrowers who fell behind on their mortgage payments.
In 2009, a New York judge called OneWest's behaviour "#harsh, @repugnant, #shocking and #repulsive'' in trying to foreclose on a New York family.
OneWest said it "respectfully disagreed" with the court. Two years later, protesters marched on Mr Mnuchin's Los Angeles mansion accusing OneWest Bank of aggressive foreclosure practices.
It was sold to CIT Group in 2015 in a lucrative deal
-
Mr #Mnuchin returned to banking during the financial crisis, gathering a group of investors including hedge fund bigwigs George #Soros and John @Paulson, private equity investor Christopher #Flowers and computer mogul Michael #Dell to buy failed mortgage lender #IndyMac.
The bank, renamed #OneWest Bank, returned to financial health but it became known for quickly seizing the homes of borrowers who fell behind on their mortgage payments.
In 2009, a New York judge called OneWest's behaviour "#harsh, @repugnant, #shocking and #repulsive'' in trying to foreclose on a New York family.
OneWest said it "respectfully disagreed" with the court. Two years later, protesters marched on Mr Mnuchin's Los Angeles mansion accusing OneWest Bank of aggressive foreclosure practices.
It was sold to CIT Group in 2015 in a lucrative deal
-
Mr #Mnuchin returned to banking during the financial crisis, gathering a group of investors including hedge fund bigwigs George #Soros and John @Paulson, private equity investor Christopher #Flowers and computer mogul Michael #Dell to buy failed mortgage lender #IndyMac.
The bank, renamed #OneWest Bank, returned to financial health but it became known for quickly seizing the homes of borrowers who fell behind on their mortgage payments.
In 2009, a New York judge called OneWest's behaviour "#harsh, @repugnant, #shocking and #repulsive'' in trying to foreclose on a New York family.
OneWest said it "respectfully disagreed" with the court. Two years later, protesters marched on Mr Mnuchin's Los Angeles mansion accusing OneWest Bank of aggressive foreclosure practices.
It was sold to CIT Group in 2015 in a lucrative deal