1 Articles match "Presentation","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.” In other words, not all of WAMUs liabilities. “In conjunction with this acquisition,” said JPMorgan Chase, it would be “marking down the acquired loan portfolio by approximately $31 billion, which primarily represents our estimate of remaining credit losses related to the impaired loans.” In its investor presentation regarding How Much for Those Lender Assets in the Window? By Peter G.
www.realtytrac.com - Tuesday, February 3, 2009
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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.” In other words, not all of WAMUs liabilities. “In conjunction with this acquisition,” said JPMorgan Chase, it would be “marking down the acquired loan portfolio by approximately $31 billion, which primarily represents our estimate of remaining credit losses related to the impaired loans.” In its investor presentation regarding How Much for Those Lender Assets in the Window? By Peter G.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE