Over the years, I've received many WaMu mortgage solicitations and just came across some of them today.
Let's take a walk down bad mortgage loans memory lane.
That was WaMu's problem - they couldn't say no!
Ah yes, equity lines, everyone's free money source as long as housing prices went up.
How realistic does that 1.25% rate sound NOW?
Wow, high loan to value financing and low documentation loans. What a great idea!
We went from low doc to NO DOC and again that attractive but impossibe 1.25% rate.