Judge Tosses Appraisal Suit Against IndyMac, FDIC

By Evan Weinberger ( August 27, 2008, 12:00 AM EDT) -- A federal judge in New York on Tuesday dismissed a lawsuit against bankrupt IndyMac Bancorp Inc. and the Federal Deposit Insurance Corp. , claiming IndyMac Bank hired appraisers that intentionally inflated home values so the bank could charge higher interest rates on home equity loans. . . .

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