washington mutual: Washington Mutual Decides to Exit Wholesale
- 04/08/08 01:34 AM
**Click here to see the original post on WealthWithMortgage.com!** Announced (late) yesterday, Washington Mutual will be exiting the wholesale business and changing to a strictly retail business model. The decision was extremely surprising to me after a recent conference call I was involved in. In the call, WAMU discussed some of their plans the wholesale division. These changes were specifically targeted at reducing fraud issues, verifying benefit to borrower, etc. I guess since they've announced they are closing, It doesn't really matter - does it? For you're entertainment, I googled 'WAMU' under the image search feature.. This was the first photo that popped … (4 comments)
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