Excerpts from this story referencing "WaMu":
"… formance of newly minted option arm loans is causing us problems,” wrote WaMu loan risk officer Cheryl Feltgen to the head of bank’s mortgage loan div …"
"… can before we lose the oppty.”The Senate panel investigators found that WaMu pooled 1,900 loans worth more than $1 billion in a security in March 2007. …"
"… Federal Deposit Insurance Corp. filed a civil lawsuit accusing former top WaMu executives of gross negligence, and seeking some $900 million from the exe …"
"… $900 million from the executives and their wives.The Senate committee used WaMu as one of several case studies in its investigation.Goldman Sachs was 'sti …"
Excerpts from this story referencing "WaMu":
"… e, the bank collapse barely registered.It’s only fitting, then, that the WaMu bankruptcy examiner’s report, released on the eve of the midterm U.S. el …"
"… mines a settlement among JPMorgan, the Federal Deposit Insurance Corp. and WaMu that divides more than $7 billion in disputed assets, including bank depos …"
"… lvement of federal regulators in finding a sale partner for the struggling WaMu. Hochberg also criticized the Federal Deposit Insurance Corp. for its lack …"
"… igation. The agency was “slow and difficult” in negotiations, he wrote.WaMu sale discussed in March 2008According to the examiner, the seeds of the Wa …"
Excerpts from this story referencing "WaMu":
"… ng Beach Mortgage in 1999, said Lee Lannoye, a veteran banker and a former WaMu executive vice president.Long Beach Mortgage, based in southern California …"
"… from potential losses.Lannoye, who for a while was in charge of lending at WaMu, said it was obvious to any banker that the loans being made were doomed. …"
"… cally boost sales of Long Beach Mortgage subprime loans came directly from WaMu chief executive officer Kerry Killinger. He outlined the plan on Dec. 9, 2 …"
"… rates started rising in 2003, sales plummeted and competition intensified. WaMu began losing money on its home lending business. So Killinger came up with …"
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Excerpts from this story referencing "WaMu":
"… e-based Washington Mutual Bank, in September 2008, after regulators seized WaMu in what was the largest bank failure in U.S. history.Saffer charged in a l …"
"… n the lawsuit and in documents in arbitration proceedings, he claims WaMu retaliated against him because he refused to push “toxic” Option ARMs …"
"… d wrong.Saffer’s attorney, Carney Shegerian, represents two other former WaMu sales reps who, like Saffer, claim that WaMu fired them because they resis …"
"… , represents two other former WaMu sales reps who, like Saffer, claim that WaMu fired them because they resisted pressure to engage in improper lending ta …"
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