2008-06-19housingwire.com

"It was only a matter of time, but Washington Mutual (WM: 6.26, 0.00%) on late Wednesday said that it had decided to stop offering two complex mortgages, including option ARMs. The Seattle-based bank had rode negative amortization loans to mortgage market prominence during the recent housing boom."


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread