Industry News

IndyMac ups stake in reverse mortgage business

Buys Financial Freedom
Published on Jul 16, 2004

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by CareyBot

IndyMac Bancorp, the holding company for IndyMac bank, has completed its acquisition of Financial Freedom Holdings, a majority-owned subsidiary of IndyMac Bank. Michael W. Perry, IndyMac’s chairman and chief executive officer, said in a company statement that the acquisition would ...