Sgv Bancorp Inc

IndyMac Mortgage Holdings Inc., a major provider of home loans, said Tuesday that it has agreed to purchase a San Gabriel Valley bank for $62.5 million as part of a plan to shed its status as a real estate investment trust. The Pasadena-based mortgage lender said that all of its $4.4 billion in assets will be folded into West Covina-based SGV Bancorp Inc., which would be renamed IndyMac. First Federal Savings & Loan Assn.