firstfed financial corp

Southern California's S & Ls suffer, survive

Defaults climb, shares slide for IndyMac, Downey and FirstFed. Investors are increasingly throwing in the towel on Southern California-based savings-and-loan mortgage lenders IndyMac Bancorp, FirstFed Financial Corp. and Downey Financial Corp.

Southern California's S & Ls suffer, survive (Los Angeles Times)

Defaults climb, shares slide for IndyMac, Downey and FirstFed. Investors are increasingly throwing in the towel on Southern California-based savings-and-loan mortgage lenders IndyMac Bancorp, FirstFed Financial Corp. and Downey Financial Corp.

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