1 Articles match "Example","Recourse","Washington"

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How Much for Those Lender Assets in the Window?
The recourse on this loan will be limited to the assets of the purchaser. billion for the “deposits, assets and certain liabilities of Washington Mutuals banking operations.” lot of loan servicers, accountants and attorneys are going to be working nights and weekends to get the work done.” As an example, the surprise in the WAMU deal was not the high default rates for subprime or option ARMs, rather it was the huge losses associated with home equity lending. How Much for Those Lender Assets in the Window? By Peter G. Miller   
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • How Much for Those Lender Assets in the Window?
    The recourse on this loan will be limited to the assets of the purchaser. billion for the “deposits, assets and certain liabilities of Washington Mutuals banking operations.” lot of loan servicers, accountants and attorneys are going to be working nights and weekends to get the work done.” As an example, the surprise in the WAMU deal was not the high default rates for subprime or option ARMs, rather it was the huge losses associated with home equity lending. How Much for Those Lender Assets in the Window? By Peter G. Miller   
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE