IndyMac Federal definition

IndyMac Federal has the meaning given in the recitals.
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Examples of IndyMac Federal in a sentence

  • All of the outstanding shares of the Acquired Subsidiary are held of record by IndyMac Federal.

  • For example, FDIC’s IndyMac Federal Bank loan modification program, on which HAMP is partially based, initially reduced payments to 38 percent of the borrower’s gross monthly income before subsequently revising the payment target to 31 percent.

  • Reference is made to the Limited Liability Company Interest Sale and Assignment Agreement dated March 19, 2009 (the “LLC Interest Sale Agreement”) by and among OneWest Ventures Holdings LLC (the “LLC Interest Transferee”), the Federal Deposit Insurance Corporation as Receiver for IndyMac Federal Bank, FSB (the “Initial Member”) and IndyMac Venture, LLC (the “Company”).

  • In the spring of 2009, the Federal Deposit Insurance Corporation [(“FDIC”)] placed IndyMac Federal in receivership, selling substantially all of its assets to OneWest Bank, FSB.

  • The OTC created a new savings bank, IndyMac Federal, and appointed the FDIC as conservator (FDIC-C).

  • In that capacity, the FDIC sold certain assets and rights of IndyMac Federal to OneWest for approximately $13.9 billion.

  • For example, following the 2008 failure of IndyMac Federal Bank, FSB (IndyMac), FDIC claims personnel contacted more than 10,500 IndyMac depositors to obtain the trust documentation necessary to complete deposit insurance determinations for their revocable trust and irrevocable trust deposits.

  • One of the many concerns about this report is that meaningful, sustainable loan modification efforts did not become active until the third and fourth quarters of 2008, long after the OCC’s data was collected, including the streamlined modification programs being used by the FDIC for IndyMac Federal Bank and by Fannie Mae and Freddie Mac.

  • In response to a number of missteps by IndyMac Federal in its attempts to obtain a judgment of foreclosure on behalf of OneWest, as the substituted plaintiff, the circuit court afforded IndyMac Federal a number of opportunities to file additional motions with the necessary evidence establishing that OneWest was the proper plaintiff and that it had the right, as the holder of the note, to enforce the note.

  • OTS then chartered a new institution, IndyMac Federal Bank, F.S.B., and appointed the FDIC as conservator.

Related to IndyMac Federal

  • NY Federal Reserve s website” means the website of the Federal Reserve Bank of New York (the “NY Federal Reserve”), currently at http://www.newyorkfed.org, or any successor website of the NY Federal Reserve or the website of any successor administrator of the Secured Overnight Financing Rate.

  • Appropriate Federal Banking Agency means the “appropriate Federal banking agency” with respect to the Corporation as defined in Section 3(q) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(q)), or any successor provision.

  • New York Federal Reserve s Website" means the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website;

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Non-federal entity means a state, local government, Indian tribe, institution of higher education, or nonprofit organization that carries out a federal award as a recipient or subrecipient.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Bancorp means Eagle Bancorp, Inc., a Maryland corporation.

  • MHC means Prudential Mutual Holding Company, the parent mutual holding company for the Corporation and the Bank.

  • Covered Federal Action means any of the following Federal actions:

  • Savings bank means a state banking corporation organized or reorganized under this act.

  • NY Federal Reserve’s Website means the website of the NY Federal Reserve, currently at xxxx://xxx.xxxxxxxxxx.xxx, or any successor website of the NY Federal Reserve or the website of any successor administrator of the Secured Overnight Financing Rate.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • New York Federal Reserve’s Website means the website of the New York Federal Reserve, currently at http://www.newyorkfed.org, or any successor website of the New York Federal Reserve or the website of any successor administrator of SOFR.

  • Home Loan A Mortgage Loan categorized as Home Loan pursuant to Appendix E of Standard & Poor's Glossary.

  • Federal home loan bank means a federal home loan bank established under the federal Home Loan Bank Act, 12 U.S.C. §1421 et seq.

  • Traditional member of the National Guard or federal reserves means an active member of the Selected Reserve subject to mobilization and deployment for which he or she attends monthly and annual training periods.

  • Captive insurance company means any pure captive insurance company, association captive

  • AT&T TENNESSEE means the AT&T owned ILEC doing business in Tennessee.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Affiliated group of corporations means an affiliated group as defined in section 1504 of the Internal Revenue Code, except that, if such a group includes at least one incumbent local exchange carrier that is primarily engaged in the business of providing local exchange telephone service in this state, the affiliated group shall not include any incumbent local exchange carrier that would otherwise be included in the group.

  • Swiss Federal Tax Administration means the tax authorities referred to in article 34 of the Swiss Withholding Tax Act.

  • Change in Control of the Corporation means a change in control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended ("Exchange Act"), or any successor thereto, whether or not the Corporation is registered under the Exchange Act; provided that, without limitation, such a change in control shall be deemed to have occurred if (i) any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing 25% or more of the combined voting power of the Corporation's then outstanding securities; or (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Corporation cease for any reason to constitute at least a majority thereof unless the election, or the nomination for election by stockholders, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;