Bye Bye WaMu ...
The latest and greatest casualty of the banking and financial crisis is Washington Mutual Bank, also known as WaMu. Washington Mutual, founded in 1985, was the nation’s largest savings and loan and was the sixth largest bank in the country.
WaMu was my employer for six years, until the company closed its Washington metropolitan area mortgage operations in December 2007. At one point over ten percent of Washington area mortgage holders held a mortgage serviced by Washington Mutual... [more]
By Bill Starrels
October 2008