American Homeowners Association (AHA) Announces IndyMac Bank as Exclusive Mortgage Partner

August 8, 2002

The American Homeowners Association (AHA) announced today a new service for its membership, which provides members with online access to competitive low mortgage loan rates. Through an IndyMac Bank/AHA co-branded Web site at, AHA members will receive the IndyMac best price and service guarantee.

IndyMac Bank has been named by Gomez, the Internet quality measurement firm, as having the number-one overall Internet mortgage Web site five consecutive times. In addition to the top "overall" ranking, IndyMac Bank continues its leadership position above hundreds of other lending companies by ranking number-one of 15 ranked in the categories of "ease of use," "relationship services," "rate hunter" and "one-stop home buyer."

"We chose IndyMac Bank as our mortgage partner based on its excellent reputation, best price and service guarantee, and the bank's state-of-the-art e-MITS technology," stated Richard J. Roll, Founder and President of AHA. "IndyMac is helping further our mission of bringing AHA members guaranteed convenience, savings and service quality in their most important transactions," Roll said.

"AHA is a recognized authority on all aspects of homeownership and we are honored to be working with them as their mortgage partner. We look forward to providing our excellent service and rates to members of AHA," said Joel Packer, President and Chief Operating Officer of IndyMac Bank Home Lending.

IndyMac Bank will guarantee on-time closing and either beat the interest rate and discount points quoted by any competing lender for a product with the same terms or will pay AHA members $300.

AHA's 30 membership benefits offer homeowners and first-time buyers savings and convenience through over 200,000 participating providers nationally, including 24/7 emergency assistance through 40,000 pre-screened contractors, free legal consultations with a choice of over 6,000 lawyers, grocery savings through 170,000 supermarkets, and guaranteed lowest price shopping for over 50,000 top brand name products. AHA's award-winning AHA Home University provides members free access to over 100 authoritative copyrighted courses with unique benefits, knowledge and discounts to simplify buying, selling, owning, maintaining and improving their homes.

About IndyMac Bank:

IndyMac Bank is the principal subsidiary of IndyMac Bancorp, Inc. (NDE) a federally regulated savings and loan holding company with $7.4 billion in assets and a market cap of approximately $1.3 billion. IndyMac Bank is one of the leading mortgage bankers in the country due to its award-winning asset generation franchise predominantly over the Web. IndyMac Bank is ranked as the number-one overall online mortgage lender (Gomez Report since Fall 2000), among the 25 largest mortgage lenders nationwide, the recipient of Mortgage Technology's 10X Award (2000) and Inman News Features' Most Innovative Use of Technology in Lending Award (2001). IndyMac Bank also offers Web-enhanced banking services and provides commercial loans to homebuilders for the purpose of constructing new single-family residences. IndyMac Bank is FDIC-insured. For more information on IndyMac Bank, please visit the website at

About American Homeowners Association (AHA):

AHA delivers membership services to homeowners and aspiring homeowners that expand their purchasing power, provide reliable home repair assistance, help members make more informed decisions, and work for their key interests in both the public and private sectors. AHA assists members by reducing the year-round costs of owning, financing, maintaining and enhancing a home, helping homeowners and renters make more financially sound choices and screening for quality resources, products and service providers.


Barbara Fickett
American Homeowners Association
[email protected]
203-323-7715 ext. 300

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