IndyMac Joins American Express' New Mortgage Payments Program

“The desirable attributes of the American Express Cardmember base – affluent, high-spending with strong credit histories – make the Express Rewards Mortgage Program an ideal opportunity for lenders seeking to differentiate themselves in a highly competitive market,” said Bill Glenn, president, Establishment Services North America and Global Merchant Network Group, American Express. “Given American Express’ experience in other real estate and large-ticket industries, we believe the benefits to our Cardmembers in terms of rewards, convenience, access to premium service and home-related offers makes this an ideal addition to our history of innovation and premium value.”

“The Express Rewards Mortgage program is an ideal fit with the innovative product line at Indymac®. As a solutions based lender we are focused on customizing products to fit a borrower’s individual situation. This program provides further convenience to their monthly routine while adding the benefit of earning rewards for their mortgage payments,” said Gavin Brady, Senior Vice President and CEO of Consumer Bank Lending, IndyMac Bank. “Our customers are the perfect target audience for a product that appeals to a client base with strong credit and payment histories. We are excited to be among the first lenders working with American Express on this unique offer.”