throwing in the towel
Southern California's S & Ls suffer, survive
By Admin - Posted on May 13th, 2008
Tagged: downey financial corp
• firstfed financial corp
• indymac bancorp
• mortgage lenders
• throwing in the towel
Southern California's S & Ls suffer, survive (Los Angeles Times)
By Mortgage Rates Admin - Posted on May 13th, 2008
Tagged: downey financial corp
• firstfed financial corp
• indymac bancorp
• mortgage lenders
• throwing in the towel
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.