More job losses in Los Angeles' Mortgage Banking Sector
Breaking news on Indymac today: The troubled mortgage lender is halting retail and wholesale lending and will lay off more than half of its staff, according to Calculated Risk. Acting at the request of federal regulators, Indymac said today it will slash 3,800 jobs in the next couple of months.
Read Remainder here:
Read Remainder here:
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7/8/2008 2:00 PM
Los Angeles Real Estate Blog wrote:
With Pasadena based IndyMac sinking and who knows who might be next. It is time to evaluate any larger savings accounts and shift them around if necessary. This is a must read for anyone with over $100,000 in a savings account: FDIC insurance limits on bank accounts ...
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