Press Release

March 21, 2014 Federal Reserve Board issues consent order against IMB HoldCo LLC For immediate release Share The Federal Reserve Board on Friday announced the issuance of a consent order against IMB HoldCo LLC (IMB), a bank holding company that controls OneWest Bank N.A. The consent order replaces a similar consent order issued in April 2011 by the Office of Thrift Supervision (OTS) against IMB, which was a savings and loan holding company. The OTS consent order addressed deficient practices in mortgage loan servicing and foreclosure processing at OneWest Bank, which was a federal savings association. The Board's order requires that all provisions of the previous consent order remain in effect and reflects IMB's recent conversion to a bank holding company. For media inquiries, call 202-452-2955. Attachment

Federal Reserve (2014, March 20). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20140321_federal_reserve_board_issues_consent_order

@misc{wtfs_press_release_20140321_federal_reserve_board_issues_consent_order,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2014},
  month = {Mar},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20140321_federal_reserve_board_issues_consent_order},
  note = {Retrieved via When the Fed Speaks corpus}
}