Friday May 30 | Canadian Business Magazine
Thrifts set aside $7.6 billion for problem loans, swing to first-quarter loss of $617 million
Federally regulated savings and loans set aside a record $7.6 billion to cover losses on problem loans in the first quarter as they felt the brunt of the housing market's downturn.
Tuesday May 27 | The Business Journal of Phoenix
Washington Mutual Inc. reduces home equity credit for homeowners
Phoenix Business Journal - by Kirsten Grind Phoenix Business Journal Washington Mutual Inc.
Sunday May 25 | The Washington Post
More on Rep. Richardson's Financial Woes
UPDATE : California Congresswoman Richardson insists that her home in the capital of Sacramento, which she bought when she was a state assemblywoman, is not in foreclosure.
Friday May 23 | Political Gateway
Seattle falcon fans keeping eye on raptors
Scientists tracking the migration of peregrine falcons said two of three peregrine falcon chicks have hatched in a nest box atop a tower in Seattle.
Thursday May 22 | ComputerWorld
Green IT at Washington Mutual saves lots of green
Like her CIO peers, Washington Mutual 's Deborah Horvath has that unfiltered, end-to-end view of her company's operations that all IT executives possess.
Tuesday May 20 | PR-inside.com
WaMu Hits One Million Mark in Small Business Checking Accounts
The milestone reflects double-digit business checking growth, year over year , and illustrates the powerful growth opportunity for WaMu in serving small business customers.
Sunday May 18 | Reuters
“The issue they are dealing with is making sure they can get a large enough investment, have influence on the company, but work within the construct of the regulatory regime”
Private equity firms are searching for ways to invest in U.S. banks and thrifts while avoiding restrictions that bar owners of these institutions from other businesses. via Reuters
Friday May 16 | East Bay Business Times
WaMu reduces home equity credit
“It's not surprising to me that they're doing that”
East Bay Business Times - by Kirsten Grind Puget Sound Business Journal Washington Mutual Inc. via East Bay Business Times
Thursday May 15 | Seattle Post-Intelligencer
Microsoft Blog: From Bezos to Buffett, Microsoft draws crowd
Don't be surprised a few months from now if some blockbuster corporate deal traces its origins to the hallways of Microsoft's conference center. via Seattle Post-Intelligencer
Tuesday May 13 | The Seattle Times
Top marks for area savings-and-loan
Washington Federal was the best-performing savings-and-loan in the country last year, according to an analysis of the 100 largest thrifts by research firm SNL Financial. via The Seattle Times
Sunday May 11 | Las Vegs Sun
Countrywide suspends home equity credit lines in Las Vegas
May 7, 2008 8:40 AM Countrywide Financial Corp., one of the nation's largest mortgage lenders, has suspended the home equity credit lines of nearly all of its Las Vegas customers. via Las Vegs Sun
Thursday May 8 | Slog
“The protest today heightened the acuteness of the issue”
This afternoon, about 40 people in business attire strode into the lobby of Washington Mutual Center carrying signs that read "Stop Foreclosure Now." Representing and the Association of Community Organizations ... via Slog
Thursday May 8 | Seattle Post-Intelligencer
Protest du Jour: Homeowners need more help, WaMu
“Whoo hoo? ACORN says boo hoo WAMU.”
A 20-city simultaneous demonstration against Washington Mutual is planned Thursday by ACORN to protest the bank's mortgage lending practices. via Seattle Post-Intelligencer
Wednesday May 7 | Environmental Leader
WaMu Switches 1M Accounts From Paper To E-Statements
Through its year-long "Make A Statement, Plant A Tree" campaign, Washington Mutual Inc. via Environmental Leader
Monday May 5 | Bizjournals
Wells Fargo hires group of loan consultants from WaMu in downtown Seattle
Puget Sound Business Journal - by Kirsten Grind Staff Writer Wells Fargo Home Mortgage is hiring all 27 loan consultants working in Washington Mutual 's downtown Seattle home loan center and plans to open a ... via Bizjournals
May 3, 2008 | International Business Times
Bankers spent $2.2M lobbing in 1Q
The American Bankers Association spent $2.2 million to lobby the federal government in the first quarter. via International Business Times
May 1, 2008 | The Columbian
WaMu replaces chief risk officer
Washington Mutual Inc. named a new chief enterprise risk officer Tuesday, as the nation's largest savings and loan struggles with the fallout of the mortgage and credit crises. via The Columbian