WaMu reduces home equity credit to homeowners - MSN MoneyCentral
Story date: 2008-05-16 08:10:00
Added on: 2008-05-16 09:01:03
Washington Mutual Inc. has slashed or suspended $6 billion in available home equity credit to its customers in an effort to reduce its risk in a flailing housing market. If they haven't already been notified, WaMu's customers across the country will ...
Read more...
Related Stories:
-
WaMu's demise troubles many (The Record)
At a time of profound market uncertainty, customers of Washington Mutual Inc. awoke Friday to headlines that were all too clear: the...
2008-09-26 10:38:35 -
WaMu's Overnight Merger Stirs Angst, Relief In Tampa (The Tampa Tribune)
JPMorgan Chase's Thursday night takeover of troubled lender Washington Mutual Inc. didn't erase the dread of some borrowers, including Rick Howell of...
2008-09-26 09:09:50 -
Merger could both help and hurt the competition for Washington Mutual (Seattle Post-Intelligencer)
The Bank of America-Countrywide deal may benefit competitor Washington Mutual, but it could tighten competition in the mortgage business and raise questions...
2008-01-11 04:18:30 -
WaMu's Killinger, mortgage execs back government response to housing ...
Seattle Times - WASHINGTON — Washington Mutual chief executive Kerry Killinger said today that, with home prices falling, problems are starting to...
2007-12-03 01:39:00 -
WaMu's Killinger, mortgage execs back government response to housing credit crisis (Seattle Times)
Washington Mutual chief executive Kerry Killinger said today that, with home prices falling, problems are starting to be seen in home loans......
2007-12-03 01:23:19 -
Homeowners Shocked by Frozen HELOCs Find Relief With a New Monthly Payment-Free Way to Tap Home Equity (PR Newswire via Yahoo! Finance)
For many homeowners, the bad news hit their mailboxes over the past few weeks. For others, the bad news is still...
2008-08-18 05:20:00 -
SEC launches inquiry into WaMu's mortgage practices
Seattle Post Intelligencer - The Securities and Exchange Commission is looking into Washington Mutual Inc.'s mortgage lending practices, deepening a ... that...
2007-12-19 03:58:00 -
Washington Mutual plans to lay off hundreds more - Seattle Business Journal
Mortgage broker enters guilty plea in connection with fraud scheme [Sacramento] WaMu's Killinger says bank has 'aggressive strategic plan' [Seattle] Health Alliance...
2008-06-18 11:49:00
