Daily Archives: July 14, 2008

Apartment Rental News Weekly Roundup: Government Intervention

FDIC Takes Over IndyMac Bank This morning’s top news stories exhibited continued concerns and more bad news for the mortgage industry, as the federal government scrambled for ways to alleviate the faltering housing market. The FDIC and Office of Thrift Superivsion (OTS) announced on Friday that it had taken control of IndyMac Bank after a [...]