Industry News

Earnings climb on strong mortgage production at IndyMac

Third-quarter earnings jump to $79.3 million
Published on Oct 31, 2005

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by CareyBot

IndyMac Bancorp, the holding company for IndyMac Bank, today reported its third-quarter earnings jumped 40 percent on strong mortgage loan production. Third-quarter earnings were $79.3 million, or $1.18 a share, including a 5-cents-per-share loss related to the Gulf Coast hurricanes. ...

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