IndyMac Appoints SVP

Len Israel has been appointed senior vice president and national director of correspondent services for IndyMac Bancorp Inc., Pasadena, Calif.Mr. Israel will be responsible for managing the overall correspondent sales and business development for IndyMac Bank, as well as pursuing expansion opportunities, the company said. In addition, Mr. Israel will focus on new program implementation in the bank's Capital Markets Group, and will take an active role in operational and technology-based initiatives. In nearly 20 years in the mortgage industry, Mr. Israel has held senior-level positions in secondary marketing, operations, and wholesale lending, the company said. IndyMac Bank can be found online at http://www.indymacbank.com.

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