IndyMac Reports Fourth Quarter Loss, Tightens Lending Guidelines Further for 2008
February 15, 2008
IndyMac Bancorp last week reported a net loss of $509.1 million for the fourth quarter of 2007, giving the company a net loss of $614.8 million for the year, IndyMac’s first annual loss in its 23-year history. The lender earned $342.9 million in 2006...