Topic: Washington Mutual Inc.

When deciding to open a checking account, there are a lot of factors that the average everyday person needs to asses before just joining any bank. These are the best assets that WaMu presents, that best meet my expectations. Free ATM withdraws ...
With the banking crisis having knocked down dozens of banks and many banks tightening up the screws on their credit and checking policies, many are looking for new options to improve their banking situation. However, if you're seeking a new home for ...
Former Washington Mutual execs defend bank's actions; CEO says it shouldn't have been closedA trio of former Washington Mutual officials and a trove of documents on Tuesday portrayed a pattern of breakneck loan-making and alleged fraud at the biggest U.S. bank ever ...
If you're wondering where these ridiculous, hare-brained comments are coming from, then watch this video and listen to Rick Santelli speak about predatory lending. Bill Isaac, a former FDIC head - the guy talking about regulation as if commercial banks are already ...
Is it really possible to run a free credit report credit score on the internet? Many of us have become disillusioned and frustrated in the past with websites which appear to offer free products or services online but in fact do not. ...
Well, Mr. Smith could just as easily have been your friendly banker at Washington Mutual. Unfortunately, Mr. Smith lost his way and turned predatory lender - and that's the subject of the second part of a Seattle Times expose on the rise ...
WaMu loan modifications have recently gotten to be more accessible with help from Obama's new loan modification program. In the past it was almost impossible for a homeowner to get a modification, even with an attorney. But now, as both the borrowers ...

When common sense wanes

Federal banking regulators missed opportunities to ease the financial crisis Federal banking regulators who followed the Bush administrations policy of opposing government intervention while giving nearly free rein to market forces are coming in for a big share of the blame for ...

Bad Credit Mortgages

Daily Market Commentary for July 23, 2008 from Millennium-Traders.Com Quarterly losses for WaMu came in at $3.33 Billion or $6.58 per share compared to year ago profit of $830 Million or 92 cents per share. To cover bad mortgage loans, WaMu increased ...
Washington Mutual removes Chief Executive Kerry Killinger; former Sovereign exec is successorWashington Mutual Inc., ravaged by losses from sour mortgages, removed Kerry Killinger as chief executive of the nation's largest savings and loan on Monday, adding him to the growing list of ...
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