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WaMu Posts $1.87 Billion Q4 Loss on Mortgage Woes
Jan 17, 2008Washington Mutual, the nation’s largest thrift, reported a net loss of $1.87 billion for the fourth quarter after market close on Thursday. The loss was its first since 1997, and came as WaMu took a $1.6 billion after-tax charge to the value of its home mortgage unit and set aside $1.53 billion for credit losses.
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Lehman Cuts 1,300 at Aurora; Will Exit Wholesale, Correspondent Lending
Jan 17, 2008 -
Indymac Slashes Workforce by 2,400
Jan 15, 2008 -
Fremont Unloads Portion of Servicing Operation
Jan 14, 2008 -
Refi Applications Surge 54 Percent; Holiday Volatility Cited
Jan 09, 2008 -
Atlanta Credit Counseling Agency Ramping Up Staff
Jan 07, 2008 -
New Century Seeks Chapter 11 Plan Extension
Jan 02, 2008 -
Connecticut’s Webster Bank Exits Wholesale, Correspondent Channels
Dec 31, 2007 -
Mortgage Market Roundup
Dec 28, 2007 -
Deutsche Bank To Review Mortgage Operations
Dec 28, 2007 -
A Cautionary Tale From Maryland’s Mortgage Regulator
Dec 28, 2007 -
WaMu Stunner: Slashes Dividend, Will Lay Off 3,150 Amid Worsening Housing Conditions
Dec 10, 2007
