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2 Articles match "Press","WaMu"

The Latest from RealtyTrac MORE
How Much for Those Lender Assets in the Window?
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 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 the transaction, JPMorgan Chase divided the WAMU mortgage portfolio into four parts and
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
And the Hits' Just Keep On Coming!
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. Citigroup came out with a press statement last week projecting that the company will suffer a 60 percent decline in third quarter income between 2006 and 2007. Countrywide. Citigroup.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • How Much for Those Lender Assets in the Window?
    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 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 the transaction, JPMorgan Chase divided the WAMU mortgage portfolio into four parts and
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • And the Hits' Just Keep On Coming!
    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. Citigroup came out with a press statement last week projecting that the company will suffer a 60 percent decline in third quarter income between 2006 and 2007. Countrywide. Citigroup.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
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