IndyMac to stop most mortgage loans, cut 3,800 jobs (Reuters)

[riky]

IndyMac to stop most mortgage loans, cut 3,800 jobs
    (Reuters)

 

Reuters - IndyMac Bancorp Inc , one of
the largest U.S. mortgage lenders, said on Monday it will
eliminate 3,800 jobs and stop making most home loans after
regulators concluded it was no longer "well capitalized."


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