IndyMac cuts losses but market share slips

IndyMac Bancorp Inc. said it cut losses by 64 percent during the first quarter, to $184 million, but doesn't expect to return to profitability in 2008 as losses related to loans it made during the height of the boom mount.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.