Two former IndyMac Bank executives have joined the investment bank Milestone Merchant Partners LLC to advise financial institution and regulator clients on dealing with troubled land and construction loans, the firm announced last week.

R. Patterson Jackson was named the chief executive officer of a new subsidiary, Milestone Asset Resolution Co. LLC. He is the former CEO of IndyMac Commercial Lending Corp., which was a unit of the Pasadena, Calif., thrift. In that job he built a nationwide small-balance commercial and multifamily lending business.

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