All WaMu branches were rebranded as Chase branches by the end of 2009. The holding company, WaMu, Inc., was left with $33 billion in assets, and $8 billion in debt, after being stripped of its banking subsidiary by the FDIC.
Is Washington Mutual a good fund?
The American Funds Washington Mutual fund has high quality standards for its investments (balance sheet and income statement hurdles must be met) and assets must be proven dividend payers. And while the fund has risks, Morningstar notes that it, “[t]ries to mitigate them with stock-picking.
What happened to Washington Mutual mortgages?
All WaMu branches were rebranded as Chase branches by the end of 2009. The holding company, WaMu, Inc., was left with $33 billion in assets, and $8 billion in debt, after being stripped of its banking subsidiary by the FDIC.
Can you still use WaMu checks?
What about checks that I have written on my account with Washington Mutual Bank? Your checks will clear up to the balance in your account. You can continue to use the checks you have.
Who owns Washington Mutual mortgages?
JPMorgan Chase
Did Wells Fargo buy Washington Mutual?
Wells Fargo said Wednesday that it has agreed to buy Washington Mutual's entire portfolio of government mortgage servicing and a portion of its conforming, fixed-rate portfolio, totaling $140 billion and representing about 1.3 million servicing customers.Jul 19, 2006