2 Articles match "Collateral","WaMu","Washington"

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How Much for Those Lender Assets in the Window?
CDOs, or “collateralized debt obligations” are complex securities that can be backed by various forms of assets, including mortgages. Thats a 70 percent premium over the stocks pre-acquisition value — but far from the one-year high of $77.89. The WAMU Deal In September, JP Morgan Chase paid $1.9 billion for the “deposits, assets and certain liabilities of Washington Mutuals banking operations.” How Much for Those Lender Assets in the Window? By Peter G. Miller    Long ago there was a song which asked the magic question,
www.realtytrac.com - Tuesday, February 3, 2009
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And the Hits' Just Keep On Coming!
Washington Mutual and Merrill Lynch. Now with the first week of October behind us, Citigroup, Washington Mutual (WaMu as it likes to be known) and Merrill Lynch announced their organizations would be taking major hits in the pocketbook for the third quarter of 2007. Earnings were adversely impacted by collateralized debt obligations (CDOs as they are called), and subprime mortgages, resulting in more than $5 billion in write-downs, with the company projecting a net loss of up to 50 cents a diluted share. Countrywide. Citigroup.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • And the Hits' Just Keep On Coming!
    Washington Mutual and Merrill Lynch. Now with the first week of October behind us, Citigroup, Washington Mutual (WaMu as it likes to be known) and Merrill Lynch announced their organizations would be taking major hits in the pocketbook for the third quarter of 2007. Earnings were adversely impacted by collateralized debt obligations (CDOs as they are called), and subprime mortgages, resulting in more than $5 billion in write-downs, with the company projecting a net loss of up to 50 cents a diluted share. Countrywide. Citigroup.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • How Much for Those Lender Assets in the Window?
    CDOs, or “collateralized debt obligations” are complex securities that can be backed by various forms of assets, including mortgages. Thats a 70 percent premium over the stocks pre-acquisition value — but far from the one-year high of $77.89. The WAMU Deal In September, JP Morgan Chase paid $1.9 billion for the “deposits, assets and certain liabilities of Washington Mutuals banking operations.” How Much for Those Lender Assets in the Window? By Peter G. Miller    Long ago there was a song which asked the magic question,
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE