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Downey, WaMu, Indymac plummet in thrift industry rankings

posted 11 weeks ago on Mortgage Insider

SNL Financial on Tuesday released its 2007 thrift-industry rankings, which showed Downey Financial of Newport Beach dropped 59 slots to No. 64. For 2006, it ranked No. 5. Still, Downey beat out Washington Mutual, which fell 68 slots to No. 94, from No. 26 a year earlier. Pasadena-based Indymac Bancorp, however, fared the worst, sliding 89 [...]

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