Home Buying in California>Question Details

Vincent Brew…, Home Buyer in San Berardino

My wife and I are buying a house from IndyMac.now who do we pay are morgage to?And who do we talk to about

Asked by Vincent Brewer, San Berardino Sun Jul 20, 2008

getting out of are fixed and adjustable rate

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4
Oh boy! If you own $ I bet you they will find you, whoever they are.
0 votes Thank Flag Link Wed Aug 6, 2008
"On, Friday, July 11, 2008, IndyMac Bank, FSB ("IndyMac Bank") was closed by the Office of Thrift Supervision ("OTS") and the Federal Deposit Insurance Corporation ("FDIC") was appointed as Receiver (the "Receiver"). Under the laws of the United States, the Receiver is charged with the duty of winding up the affairs of IndyMac Bank.So, "Indy Mac has not gone anywhere.. It was sold that's all. It was sold at a premium, or top dollar. It's a home run in most other instances but not here....The government bought them.
Web Reference: http://borrowerhotline.com
0 votes Thank Flag Link Sat Jul 26, 2008
Hi Vincen;
I assume from the wording of your question that the seller of the house is Indymac, and you have gotten your loan from someone else. You would still pay your mortgage to whomever you got the loan from.
If you mean that you got your loan from Indymac, you would continue to pay Indymac your mortgage. Indymac is still in existance, they are just being run by the FDIC now.
0 votes Thank Flag Link Sun Jul 20, 2008
You will pay your mortgage to whomever you get the loan with.
Web Reference: http://GetPrequalified.com
0 votes Thank Flag Link Sun Jul 20, 2008
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