Private company

IndyMac

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

Defunct bank in the United States

IndyMac, a contraction of Independent National Mortgage Corporation, was an American bank based in California that failed in 2008 and was seized by the United States Federal Deposit Insurance Corporation (FDIC). Before its failure, IndyMac Bank was the largest savings and loan association in the Los Angeles area and the seventh largest mortgage originator in the United States.2 It was founded by David S. Loeb and Angelo Mozilo.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jul 16, 1985Founded1
  • Industryfinancial services1
  • HeadquartersPasadena1
  • Websitewww.imb.com

IndyMac, a contraction of Independent National Mortgage Corporation, was an American bank based in California that failed in 2008 and was seized by the United States Federal Deposit Insurance Corporation (FDIC). Before its failure, IndyMac Bank was the largest savings and loan association in the Los Angeles area and the seventh largest mortgage originator in the United States.2

The story

Founded by Angelo Mozilo and David S. Loeb on Jul 16, 1985.1

Leadership

Who has led IndyMac, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • Alt-A

Listed on Wikidata.1

Timeline

  1. Jul 11, 2008Dissolved Dissolved1
  2. Jul 16, 1985Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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