Posts with tag WaMu

WaMu, Countrywide Legacy Lives on for Homeowners

Want to be considered for a loan modification? Stop making your mortgage payments. That's the advice that Washington Mutual gave some homeowners who called looking for help with their mortgage payments. Their reward for complying with that advice? Foreclosure. Some homeowners are now suing JPMorgan Chase, which swallowed... Continue Reading »

Et Tu, WaMu? Seattle Bank Was Subprime 'Polluter'

Of all the wing-tipped execs that have been paraded before government officials investigating the roots of the financial crisis, the former Washington Mutual executives are surely among the most shameful. Tuesday's all-day Senate hearing, conducted by Sen. Carl Levin, aired enough dirty laundry to stink up all of Capital... Continue Reading »

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