// Workers AI · dad joke modeIs David S. Loeb a loan expert? He's always a borrowing influence.
David S. Loeb | |
|---|---|
| Born | January 19, 1924 |
| Died | June 30, 2003 (aged 79) Sparks, Nevada, U.S. |
| Education | Maine Maritime Academy New York University |
| Occupations |
|
| Spouse | Ingrid Heidi Loeb |
| Children | 3 biological, 1 stepchild |
David S. Loeb (January 19, 1924 – June 30, 2003[1]) was the co-founder of both Countrywide Financial Corp and IndyMac Bank along with former protégé and longtime business partner Angelo Mozilo.[2][3] Loeb served as president and chairman of Countrywide from 1969 to 2000 and Chairman of IndyMac from its 1985 inception until his retirement in 2003.[4]
Loeb graduated in 1943 from the Maine Maritime Academy with a bachelor's degree in nautical science and later served on the academy's board of trustees. He was a benefactor of the academy's Loeb-Sullivan School of International Business and Logistics. Maine Maritime awarded him an honorary doctorate in 2002. Loeb served as a navigator in the Merchant Marine during World War II. He received a bachelor's degree in accounting from New York University in 1951 and served on the board of overseers of the NYU/Stern School of Business, where he endowed a professorship in finance.[5]
David Loeb was also active in real estate development. His Wingfield Nevada Group/Loeb Enterprises, LLC developed planned communities including a 1,350-acre (5.5 km2) development in Sparks, Nevada, called Wingfield Springs.[6][7]
Loeb died on June 30, 2003, at the age of 79 in his home at the Wingfield Springs community of Sparks, Nevada.[8][9] He is survived by his wife Ingrid Heidi Loeb; three daughters, Tracey Loeb, Heidi Loeb and Wendy Lumsden; and a stepson, Nicholas Casini.[9]
References
[edit]- ↑ "United States Social Security Death Index". FamilySearch. Retrieved July 18, 2016.
- ↑ Countrywide Branches Out Beyond Mortgages, Forbes, April 16, 2004
- ↑ Countrywide co-founder David Loeb dies, bizjournals.com, July 2, 2003
- ↑ IndyMac Announces the Retirement of Founding Chairman David S. Loeb, February 11, 2003
- ↑ Countrywide Mourns Passing of Co-Founder David Loeb, July 2, 2003
- ↑ "David Loeb, 79; Founded Mortgage Banking Firms". Los Angeles Times. July 3, 2003. Archived from the original on February 14, 2025. Retrieved July 15, 2025.
- ↑ "On Writ of Certiorari to the Supreme Court of Nevada" (PDF). ethics.nv.gov. Archived from the original (PDF) on July 15, 2025. Retrieved July 15, 2025.
- ↑ David S. Loeb, Former Chairman of IndyMac Bancorp, Inc., Passes Away, Businesswire, July 2, 2003
- 1 2 Obituary, New York Times, July 6, 2003
External links
[edit]- American bankers
- 20th-century American Jews
- American businesspeople in the real estate industry
- New York University Stern School of Business alumni
- 1924 births
- 2003 deaths
- Maine Maritime Academy alumni
- Businesspeople from Maine
- Businesspeople from Nevada
- 20th-century American businesspeople
- 21st-century American Jews
- American business biography, 1920s birth stubs
- Real estate stubs