Highlights
A collection of news and information related to Washington Mutual Inc. published by this site and its partners.
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Marion Sandler dies at 81; World Savings Bank executive
As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...Tags: News Media, New York University, Countrywide Financial Corp., Wachovia Corp., Loans
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Chase branch expansion continues as BofA scales back
Money & CompanyJPMorgan Chase & Co. is pressing ahead with an expansion of its California branch network even as Bank of America Corp. plans to close some less profitable offices. The Chase Bank parent is saying that it intends to open about...... -
SEC files fraud lawsuit against three former IndyMac executives [Updated]
Money & CompanyTargeting executives of the housing boom's biggest stated-income lender, the Securities and Exchange Commission has accused former IndyMac Bancorp Chief Executive Michael W. Perry and two former chief financial officers of defrauding investors at the... -
Report: Chase worst by far at finalizing loan modifications
Money & CompanyIn an eye-catching report Wednesday, the nonprofit news outfit ProPublica said 97,000 homeowners have been stuck in trial loan modifications for more than six months under the government's anti-foreclosure program, which was supposed to generate permanent... -
Lenders offer help to avoid foreclosure
Los Angeles Times Staff WriterAmid mounting foreclosures, a group of major lenders Tuesday said they would offer seriously delinquent borrowers a grace period of up to 30 days to establish possible workout plans before finalizing steps to take away their homes. The initiative,...Tags: Education, Economy, Business and Finance, Wells Fargo & Co., Countrywide Financial Corp., Henry Paulson
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Lenders band together to reach out to delinquent customers
Los Angeles Times Staff WriterStruggling to connect with their delinquent customers, a group of six major mortgage lenders are teaming with nonprofit groups to serve as go-betweens. As part of the program, borrowers who fall behind on their payments will receive notice from a...Tags: Economy, Business and Finance, Wells Fargo & Co., Countrywide Financial Corp., Financial and Business Services, Bank of America Corp.
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Tote-bag firm Gigi Hill is thinking bigger
Special to The TimesIt started with a $10 tote. Soccer moms Monica Hillman and Gabrielle DeSantis-Cummings, passing the time on the sidelines at their kids' games, had been brainstorming ideas for a business they could run from home. The conversation turned to Hillman's...Tags: Small Businesses, Economy, Business and Finance, Warren Buffett, Business, Marketing
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HUD's Dollar Homes falls short of mission
Jerry and Carol Ptacek bounced from one cramped apartment to another most of their adult lives, so they could hardly believe their luck when they were able to buy a San Bernardino house for the bargain price of $63,000.
Nine years later, they are renters...Tags: Family, Metal and Mineral, Countrywide Financial Corp., Justice System, Foreign Exchange Market
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3 WaMu execs agree to settle FDIC suit for up to $64 million
LOS ANGELES TIMESThree executives who led high-risk home lender Washington Mutual Bank as it skidded toward the biggest bank failure in U.S. history have agreed to settle a government lawsuit for as much as $64 million — far from the $900 million the Federal Deposit...Tags: Economy, Business and Finance, Carl Levin, Crime, Law and Justice, Justice System, Federal Deposit Insurance Corporation
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Downers Grove: A makeover in progress
Special to the Chicago TribuneAfter losing out on several Lincoln Park condominiums to higher bidders in 1993, Matt and Janet Fosket started looking in the western suburbs for an affordable place that would be close to his job in Northlake and along a commuter train line so she...Tags: Real Estate Buyers, Services and Shopping, Real Estate Sellers, Real Estate, Chicago Real Estate
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The week ahead
Chicago TribuneMonday: -- Earnings: Commerce Bancorp Inc.; Eaton Corp.; W.W. Grainger Inc.; Marshall & Ilsley Corp.; Mattel Inc.; Pharmaceutical Product Development Inc.; Sonic Corp.; Wachovia Corp. Tuesday: -- September producer price index -- September industrial...Tags: National City Corporation, EMC Corporation, Motorola, Inc., Bank of New York Company, Abbott Laboratories
Jun 5, 2012
|Story| Los Angeles Times
Feb 1, 2012
|Story| AP Member Choice Complete
Apr 5, 2011
| Los Angeles Times
Feb 11, 2011
| Los Angeles Times
Feb 24, 2010
| Los Angeles Times
Feb 13, 2008
|Story| Los Angeles Times
Feb 11, 2008
|Story| Los Angeles Times
Feb 28, 2008
|Story| Los Angeles Times
Apr 12, 2009
|Story| Los Angeles Times
Dec 13, 2011
|Story| Los Angeles Times
Aug 1, 2008
|Story| Chicago Tribune
Oct 15, 2006
|Story| Chicago Tribune
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