Federal Deposit Insurance Corporation

For the FDIC, a Servicing Transfer of Historic Proportions 

For all of the press that the failure of IndyMac Bank has generated in recent weeks — it was the largest thrift and the second largest financial institution to ever have failed, after all — it’s what hasn’t gotten press at all thus far that is much more likely to be the largest test of resources at the Federal Deposit Insurance Corp., as it seeks to sell off the bank’s assets.