Industry News

IndyMac profit jumps 26%

Bank gets boost from real estate loan production
Published on Apr 25, 2006

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by CareyBot

IndyMac Bancorp, which runs one of Southern California’s largest savings and loans, today reported a 26 percent rise in first-quarter profit, helped by higher mortgage production. The company also raised its 2006 earnings forecast. IndyMac said its net income rose ...