IndyMac

Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) have seen their shares rally nicely post the election of Donald Trump, more than doubling from the $1.5 levels they traded before the elections. Fannie, Freddie On The Move The shares of...

Sixteen of the world’s largest banks were sued Friday by the Federal Deposit Insurance Corporation (FDIC) for fixing the London interbank interest rate (Libor). According to the FDIC, the move cost smaller, failed American banks such as Washington Mutual, IndyMac and Colonial money. Bloomberg...

Florida's largest financial institution, BankUnited (NYSE: BKU) started crumbling in the wake of the subprime mortgage collapse in 2007. It would eventually be seized by regulators and sold to a group of private investors in May 2009. All told, the collapse cost the Federal Deposit Insurance Corp...