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Author Topic: Washington Mutual closed
YaYawoman

Solid Nitrozanium SuperFan!
Member # 4505

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Icon 1 posted September 25, 2008 22:12      Profile for YaYawoman     Send New Private Message       Edit/Delete Post   Reply With Quote 
On Thursday Sep. 25 the Office of Thrift Supervision closed Washington Mutual and placed it in receivership with FDIC. FDIC then sold the banking operations to JP Morgan Chase for 1.9 billion.

Bye Bye wamu, we hardly knew ye were troubled, seeing as how you were not on the FDIC's troubled bank list. sigh.

So now what? Jamu? wamorgan?

oh, small blurb was put out that if one has a mortgage held by wamu to continue sendingpayment to same place you always have and await contact and new info.

Translation: Keep payin' you damn debtserfs!! more more!!

Posts: 765 | From: virginia | Registered: Oct 2005  |  IP: Logged


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