IndyMac Bank

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Type	Public (NYSE: IMB)
Founded
Headquarters	Pasadena, California, U.S.
Industry	Banking
Subsidiaries	Indymac Bank Financial Freedom New York Mortgage Company Barrington Capital Corporation

Indymac Bancorp, Inc. is the holding company for Indymac Bank, F.S.B., the largest savings and loan in Los Angeles and the 7th largest mortgage originator in the nation. Indymac Bank, operating as a hybrid thrift/mortgage banker, provides financing for the acquisition, development, and improvement of single-family homes. Indymac Bank also provides financing secured by single-family homes and other banking products to facilitate consumers’ personal financial goals.

Indymac Bank is expanding its business and national presence by the acquiring Financial Freedom, an originator and servicer of reverse mortgage loans, on July 16, 2004, New York Mortgage Company, an East Coast mortgage bank, on April 2, 2007, and Barrington Capital Corporation, a West Coast mortgage bank, in September, 2007.

Indymac Bank Corporate Headquarters is located in Pasadena, California.

As of May 2008, it is being reported that Indymac Bank has a Texas ratio of 140%.[1]