IndyMac Bank has gone out of business! Here is an message I received from one of my wholesale account executives with the bank:
“Indy Mac is closing TODAY. The entire Marlton NJ office is apparently being shut down and their other operations offices are closing. All wholesale operations are gone.”
As this news rolls across the country, we will keep you updated on developments. One source says as many as 4,000 people will be laid off. It’s early in the day, but an official announcement is expected within hours as to the extent of the shutdown.
So, another bank bites the dust. Sad but true. Unfortunately many people are affected by this bank’s closure such as the thousands of employees that will now be out of a job and the home owners that were in the process of a loan transaction. Hopefully they all find solutions for their new problem and if any of you reading this know of anyone that needs help with their loan as a result, or a job, don’t hesitate to contact me, or have them contact me. Thanks!
Filed under: Mortgage news
