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Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. It was the parent company of Washington Mutual Bank , which was the largest savings and loan association in the United States until its collapse in 2008.
Homes become bank-owned properties after homeowners default on their mortgages and the bank forecloses. If no one opts to buy a foreclosure home at auction, the bank or mortgage lender or servicer ...
The FDIC then sold most of WaMu Bank's assets, including the branch network. [ 4 ] On September 26, 2008, WaMu, Inc., and its remaining subsidiary, WMI Investment Corp., filed for Chapter 11 bankruptcy and after seven plans to reorganize the company finally emerged from Chapter 11 bankruptcy the following month as WMI Holdings Corporation. [ 5 ]
Washington Mutual: H.F. Ahmanson & Co. Washington Mutual: JPMorgan Chase: 1999 [2] Fleet Financial Corp. BankBoston Corp. FleetBoston Financial Corp. Bank of America: 1999 Deutsche Bank AG Bankers Trust Corp. Deutsche Bank AG Deutsche Bank: 1999 HSBC Holdings plc: Republic New York Corporation HSBC Bank USA: HSBC Bank USA: 1999 Firstar Corporation
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Great Western Bank (previously known as Great Western Savings & Loan) was a large retail bank that operated primarily in the Western United States. Great Western's headquarters were in Chatsworth, California. At one time, Great Western was one of the largest savings and loan in the United States, second only to Home Savings of America. [4]
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