IndyMac Launches Hispanic Wholesale Unit

IndyMac Bank FSB, Pasadena, Calif., has announced the introduction of GrupoMac, a Hispanic wholesale division that will serve mortgage brokers and emerging bankers in markets with significant Spanish-speaking populations.The new division will offer IndyMac's mortgage products, but they will be tailored to the growing U.S. Spanish-speaking population and supported by a staff of bilingual sales and operations specialists, the bank said. IndyMac said it plans to add employees throughout the year, including bilingual individuals involved in underwriting, sales, and various support positions in a number of its regional mortgage centers. The company can be found online at www.indymacbank.com.