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IndyMac reports 57% drop in earnings

posted 58 weeks ago on Mortgage Insider

IndyMac Bancorp today reported second-quarter profits of $44.6 million, down 57 percent from a year ago. The company is based in Pasadena and has two units in Irvine. Second quarter total assets were $31.7 billion, up 33 percent from a year ago and up 7 percent from the first quarter. The company made $22.5 billion in [...]

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