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  2. Washington Mutual - Wikipedia

    en.wikipedia.org/wiki/Washington_Mutual

    In December 2001, WaMu announced the pending acquisition of the Jacksonville, Florida-based HomeSide Lending, Inc. from the National Australia Bank for $1.9 billion (~$3.12 billion in 2023). The agreement did not include the mortgage servicing rights and related financial hedges for the business.

  3. What Went Wrong at WaMu: Weak Regulators Ignored Bank's ... - AOL

    www.aol.com/news/2010-04-16-what-went-wrong-at...

    OTS was well aware of WaMu's high risk lending strategy, moving to require the bank to get board approval of that strategy in January, 2005. "OTS knew about WaMu's shoddy lending practices, having ...

  4. Washington Mutual's Reckless Lending Practices ... - AOL

    www.aol.com/news/2010-04-13-washington-mutuals...

    The collapse of WaMu, which specialized in risky. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions ...

  5. Morrison v. National Australia Bank - Wikipedia

    en.wikipedia.org/wiki/Morrison_v._National...

    The case concerned the 1998 purchase by National Australia Bank of a mortgage servicing company, HomeSide Lending, headquartered in Florida. In July 2001, NAB announced a USD 450 million write-down in assets due to losses associated with HomeSide Lending; and a further USD 1.75 billion write-down in September of that year.

  6. Mr. Cooper Group - Wikipedia

    en.wikipedia.org/wiki/Mr._Cooper_Group

    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 ]

  7. List of bank mergers in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_bank_mergers_in...

    Year merger closed Acquirer Acquired bank Merged entity Transaction value Ultimate successor 1900 [1]: North American Trust Company: International Banking and Trust Company

  8. WaMu, Countrywide Legacy Lives on for Homeowners - AOL

    www.aol.com/news/2010-04-16-wamu-countrywide...

    For premium support please call: 800-290-4726 more ways to reach us

  9. Should you take your money out of WaMu? - AOL

    www.aol.com/news/2008-09-23-should-you-take-your...

    I live in Portland, Oregon, and a lot of my friends have accounts with Washington Mutual, given its roots in the Pacific Northwest (WaMu was founded in Seattle over 100 years ago). Most of my ...

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