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 Posted: Fri Nov 02, 2007 1:14 pm Subject: WAMU Busted!!! |
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Here is a quote from Tycoon Report regarding the WAMU incident and a link to the story for all interested.
| Quote: | "Washington Mutual (WM) joins the growing ranks of financial companies caught up in the web of subprime lies.
It seems that its appraisal company, First American Corp (FAF), is being sued by the NY Attorney General for inflating home values. The NY AG also alleges that First American Corp colluded with Washington Mutual to use a list of preferred “proven appraisers” that would provide inflated appraisals on homes." |
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frogpatch
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| Posted: Fri Nov 02, 2007 10:04 pm Subject: |
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Shame on WAMU!
I think we'll be hearing a lot more compaines in the near future are guilty of some sort of dishonesty with loans.
_________________
Mommy to Matthew Patrick...born 3/6/08!
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lawn1016
Joined: 26 Jul 2007
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| Posted: Sat Nov 03, 2007 4:47 am Subject: |
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Ohhhhhhhh boy...I've read lots of bad things about this company with their banking practices and now their loan issues! I have a credit card with them  so far so good no issues but i'm seriously considering canceling after seeing so much bad press about them. frogpatch thanks so much for your post, i'll read the blog!
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debtstinker
Joined: 08 Oct 2007
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| Posted: Sat Nov 03, 2007 5:02 am Subject: |
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Nice, now if someone besides myself, would go after Wells Fargo Auto Finance who are, in my opinion, the worst company on the planet who lie, cheat, steal in order to protect the very same. LETS GET EM  
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"It only takes a second to do something that you will regret for the rest of your life."
All the Best,
Luke
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Lukeskywalker
Joined: 19 May 2007
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cajunbulldog
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| Posted: Sat Nov 03, 2007 6:49 am Subject: |
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This is a growing problem in this coutry..even in my neighborhood! I know personally those who have had their home's value over-inflated with a new morgage and will never be able to sell. Once you do that it is very difficult to get out of the loan. Alot of banks need investigating!
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laura19544
Joined: 13 Aug 2007
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| Posted: Sat Nov 03, 2007 7:23 am Subject: |
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banks, credit cards, loan companies, insurance companys, on and on and on!!
_________________
"It only takes a second to do something that you will regret for the rest of your life."
All the Best,
Luke
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Lukeskywalker
Joined: 19 May 2007
Posts: 1907
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| Posted: Sun Nov 04, 2007 9:56 am Subject: |
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I would love to see them do a real investigation here in Arizona. People would be amazed of the type of things that are done here.
One of the muppit heads of Dept. of Finance here basically said "it's a real shame this has happened to some of the people of Arizona. Our hearts go out to them." I thought, thats all she has to say? All window dressing....
The AG of NY has really kicked some butt in regards to companies frauding people out of their money. I just wish others would follow suit.
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a1sundevilsfan2
Joined: 28 Oct 2007
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| Posted: Tue Nov 06, 2007 8:22 am Subject: |
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I'm glad I got my mortgage when I did (summer '05), as I don't know that I would still qualify, or at least at the good rate I got
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antiplastic48
Joined: 29 Oct 2007
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| Posted: Tue Nov 06, 2007 8:42 am Subject: |
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Arizona was once home to the biggest land sale fraud in the country!
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frogpatch
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| Posted: Tue Nov 06, 2007 8:55 pm Subject: |
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Frogpatch....
We probably still are..... judging from I am seeing and experiencing....
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a1sundevilsfan2
Joined: 28 Oct 2007
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| Posted: Sat Nov 10, 2007 9:07 am Subject: |
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I do not like WAMU. That is who my home loan is through and they are some of the rudest people. They are the ones that told my husband one thing (when I went in for my surgery) and then did something totally different! Wish I could get away from then!
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2nband
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| Posted: Sat Nov 10, 2007 9:20 am Subject: |
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Wells Fargo Auto Finance is worst, really a bunch of dingbats with carppie, I donkt care about you just give me your money if we deserve it or not attitudes.
_________________
"It only takes a second to do something that you will regret for the rest of your life."
All the Best,
Luke
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Lukeskywalker
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