On Monday, Alt-A loan giant IndyMac Bancorp said that it will stop making most types of mortgage home loans, and layoff about 1/2 of its workforce. IndyMac says they’ll fund the loans already in the pipeline. …
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On Monday, Alt-A loan giant IndyMac Bancorp said that it will stop making most types of mortgage home loans, and layoff about 1/2 of its workforce. IndyMac says they’ll fund the loans already in the pipeline. …
More: continued here