SEATTLE - Washington Mutual Inc., hit hard by rising delinquencies and defaults on mortgages, said Tuesday it will receive $7 billion in new capital from an investment group led by private equity firm TPG but ...
More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment 
wamu, washington mutual, wholesale April 8th, 2008
Washington Mutual, once one of the largest residential Mortgage lenders will stop originating mortgage loans through independent mortgage brokers due to the ongoing mortgage crisis. However, WAMU will still originate mortgage loans through its retail ...
More... (Mortgage Lender & Broker News, Mortgage News)
Word is the private equity cash infusion Washington Mutual is in line for comes with a condition: Cut the bank's risk in mortgage lending
Troubled thrift giant Washington Mutual (WM), once one of the biggest players ...
More... (Mortgage Lender & Broker News, Mortgage News)
Lender says it is still 'a sound financial institution'
Washington Mutual Inc. took another hit Friday when Moody's Investors Service cut the thrift's credit rating to a notch above "junk" and said the country's largest savings ...
More... (Mortgage Lender & Broker News, Mortgage News)
Washington Mutual's CEO Goes Without 2007 Bonus, Still Takes Home $14 Million
NEW YORK (Associated Press) - Washington Mutual Inc. Chief Executive Officer Kerry Killinger received compensation valued at $14.4 million for 2007, 21 percent less ...
More... (Mortgage Lender & Broker News, Mortgage News)
