Long Beach (WaMu Warehouse/Correspondent) - Warehouse/Correspondent Lending
2007-09-14
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stories: ocregister.com, housingwire.com
Many (including senior employees) have written in to point out and confirm the final closure of Long Beach and WaMu warehouse/correspondent ops; which we have been hearing hints of for quite some time. These operations have, from the information given to us over the past few months, been dwindling gradually.
If you have more details, please write in.
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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.