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  2. Washington Mutual - Wikipedia

    en.wikipedia.org/wiki/Washington_Mutual

    WaMu was incorporated as the Washington National Building Loan and Investment Association on September 25, 1889, after the Great Seattle Fire destroyed 120 acres (49 ha) of the central business district of Seattle. The newly formed company made its first home mortgage loan on the West Coast on February 10, 1890.

  3. H. F. Ahmanson & Co. - Wikipedia

    en.wikipedia.org/wiki/H._F._Ahmanson_&_Co.

    In 1947, Ahmanson purchased the Home Building and Loan Association, a savings and loan association with assets of less than $1 million, for $162,000. [1] [4] Home Savings then became the cornerstone of H.F. Ahmanson & Company. In the decade that followed, Ahmanson acquired 18 additional institutions, merged them under the name Home Savings and ...

  4. Wall Street and the Financial Crisis: Anatomy of a Financial ...

    en.wikipedia.org/wiki/Wall_Street_and_the...

    If the sale had not gone through, the toxic assets held by WaMu would have exhausted the FDIC's insurance fund completely. The report found that WaMu sold high risk Option Adjustable-rate mortgages (Option ARMs) in bulk, specifically to the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation (Freddie Mac). [6]

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

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

    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 ...

  6. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Home equity loan: A home equity loan is a lump-sum loan, usually with a fixed rate, fixed monthly payments and a term between five and 30 years. You’ll typically need at least 20 percent equity ...

  7. What homebuyers should know before the upcoming Fed meeting - AOL

    www.aol.com/finance/homebuyers-know-upcoming-fed...

    The Fed is finally expected to cut interest rates at their upcoming meeting, but the impact on the housing market may be minimal. However, homebuyers should proceed with their existing plans and ...

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