Triple Whammy Hits WaMu
Story date: 2007-10-18 12:06:00
Added on: 2007-10-18 16:42:45
Street.Com - TheStreet.com Ratings reported in August that WaMu could face serious liquidity problems amid a sharp downturn in its bread-and-butter home mortgage business. The news comes as Bank of America ( BAC - Cramer's Take - Stockpickr ) reported weaker-than ...
Read more...
Related Stories:
-
Credit Crunch Whacks WaMu
Street.Com - ... liquidity and capital necessary to grow the company's businesses and support its current dividend." TheStreet.com Ratings reported in...
2007-10-05 11:24:00 -
Cuomo Probe Whacks WaMu
Street.Com - The probe and Fannie's comments raise the prospect that WaMu could face problems selling mortgages to the government-sponsored mortgage companies....
2007-11-07 02:39:00 -
Lenders Face Still More Misery
BusinessWeek - During the housing heyday, banks aggressively sold risky adjustable-rate mortgages known as option ARMs. ... If WaMu and Countrywide experience...
2008-03-13 06:56:00 -
WaMu to slash jobs amid subprime woes
KOMO-TV - The company also said it will shutter WaMu Capital Corp. and rely on third party broker-dealers to sell mortgage-backed securities....
2007-12-21 10:55:00 -
US: Mortgage problems force WaMu to close offices, fire workers and ...
MSN UK News - ... fourth quarter net charge-offs, WaMu added. The company said higher loan loss provisions could continue through...
2007-12-10 02:28:00 -
Pay agreements for WaMu execs changed
Seattle Times - The new terms change the definition used to calculate termination pay and add a six-month delay under some circumstances,...
2008-01-08 12:03:00 -
WaMu dividend in danger?
Seattle Times - Despite the company's position as one of the nation's biggest home lenders, WaMu shares underperformed other banks and mortgage...
2007-12-02 12:19:00 -
Capital Crunch Whacks WaMu
Street.Com - The lender is also is eliminating another 550 positions and will shutter its WaMu Capital Corp. - an institutional broker-dealer...
2007-12-10 01:45:00
