David S. Loeb

{{Short description|American businessman and banker}}

{{infobox person

|name=David S. Loeb

|birth_date={{birth date|1924|1|19}}

|death_date={{death date and age|2003|6|30|1924|1|19}}

|death_place=Sparks, Nevada, U.S.

|nationality=American

|education=Maine Maritime Academy
New York University

|occupation={{flatlist|

• Businessman
• banker

}}

|spouse=Ingrid Heidi Loeb

|children=3 biological, 1 stepchild

}}

David S. Loeb (January 19, 1924 – June 30, 2003{{cite web|title=United States Social Security Death Index|url=https://familysearch.org/ark:/61903/1:1:VSFY-N3G|website=FamilySearch|accessdate=18 July 2016}}) was the co-founder of both Countrywide Financial Corp and IndyMac Bank along with former protégé and longtime business partner Angelo Mozilo.[https://www.forbes.com/2004/04/16/cx_aw_0416cfc.html Countrywide Branches Out Beyond Mortgages], Forbes, April 16, 2004[http://www.bizjournals.com/losangeles/stories/2003/06/30/daily48.html Countrywide co-founder David Loeb dies], bizjournals.com, July 2, 2003 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.[http://findarticles.com/p/articles/mi_m0EIN/is_2003_Feb_11/ai_97452331 IndyMac Announces the Retirement of Founding Chairman David S. Loeb, February 11, 2003]

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 Marines 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.[http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-02-2003/0001975874&EDATE= Countrywide Mourns Passing of Co-Founder David Loeb, July 2, 2003]

David Loeb was also active in real estate development. His Wingfield Nevada Group/Loeb Enterprises, LLC developed planned communities including a {{convert|1350|acre|km2|adj=on}} development in Sparks, Nevada, called Wingfield Springs.

Loeb died on June 30, 2003, at the age of 79 in his home at the Wingfield Springs community of Sparks, Nevada.[http://findarticles.com/p/articles/mi_m0EIN/is_2003_July_2/ai_104592754 David S. Loeb, Former Chairman of IndyMac Bancorp, Inc., Passes Away], Businesswire, July 2, 2003[https://www.nytimes.com/2003/07/06/classified/paid-notice-deaths-loeb-david-s.html Obituary, New York Times, July 6, 2003] He is survived by his wife Ingrid Heidi Loeb; three daughters, Tracey Loeb, Heidi Loeb and Wendy Lumsden; and a stepson, Nicholas Casini.