Real Estate Credits

washington mutual bank

It's a very bad idea to co-sign for your adult children who have been on their own for awhile.A credit report usually consists of five sections: (1) personal information; (2) public record information; (3) collection agency account information; (4) credit account information; and (5) inquiries. You will also be surprised to find that everything you assumed would be reported is not reported. Getting those late payment notations removed from your credit report is very difficult or impossible, so it's better to avoid them in the first place by refusing to be a co-signor. For example, perhaps the copy of your Trans Union credit report will consist only a few pages while your Experian credit report consists of 15 pages. You better hope you don't need to buy a new car yourself since you will be turned down because you have too many car loans (dealerships will usually turn down any person or couple who already have two open car loans). This means that a prospective employer can be given a copy of your credit report that discloses negative information older than seven years; however, this is rarely done. The holder of the loan can use the same collection methods against you that can be used against the borrower, such as suing you, garnishing your wages, etc. If the borrower

News

Washington Mutual "neutral," target price reduced (New Ratings)

NEW YORK, August 3 (newratings.com) - Analysts at DA Davidson maintain their "neutral" rating on Washington Mutual Inc ( WM.NYS ). The 12-18 month target price has been reduced from $44 to $39.

Countrywide, Washington Mutual Bond Risk Rises on Subprime Woes (Bloomberg.com)

Aug. 2 (Bloomberg) -- The perceived risk of owning bonds of mortgage lenders Countrywide Financial Corp. and Washington Mutual Inc. rose on concerns about deepening losses from risky home loans, according to credit-default swap traders who bet on creditworthiness.

Police arrest suspect from bank robbery in Capitola (Register Pajaronian)

Police on Tuesday afternoon announced the arrest of one of two suspects in Monday’s bank robbery at the Washington Mutual Bank on 41st Avenue in Capitola.

Capitola Police Search For Bank Robbers (KSBW Salinas)

Police are searching for two people who they say robbed the Washington Mutual Bank in Capitola.

Fitch Downgrades Washington Mutual's CMBS Primary Servicer Rating; Affirms Master & Special (Business Wire via Yahoo! Finance)

CHICAGO----Fitch Ratings downgrades Washington Mutual Bank's commercial mortgage-backed securities primary servicer rating to 'CPS3+' from 'CPS2-'. In addition, Fitch affirms WMB's master servicer rating of 'CMS3' and its special servicer rating of 'CSS3'.

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Washington Mutual

... products and services offered through WaMu 1031 Exchange are not insured by the FDIC or any federal government agency, nor are they guaranteed by, deposits of or obligations of Washington Mutual Bank ...