IndyMac Bancorp Inc., Pasadena, Calif., the holding company for IndyMac Bank, has reported net earnings of $36.9 million for the first quarter and record earnings per share of $0.66.The savings and loan produced a record $6.5 billion of mortgage loans in the first quarter, up 59% from the level of a year earlier, IndyMac said. The company's mortgage pipeline stood at a record $6 billion as of March 31, up 101% from that of a year earlier. IndyMac's portfolio of mortgage loans serviced for others totaled $28 billion, up 22% from the level recorded on March 31, 2002. IndyMac can be found online at http://www.indymacbank.com.
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