AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
WaMu Aims for the 'Z-State' in Building National Default Business.(Washington Mutual)
A few years ago, Washington Mutual started work on a vision and business model that included a five-year plan to be able to service one million loans.
But an aggressive acquisition effort has accelerated WaMu's growth plans. Now, long before the five-year deadline has passed, WaMu is servicing 6.5 million loans.
During the MBA's National Mortgage Servicing conference here recently, Dave Gibson, a first vice president at WaMu, said that the company's effort to enhance its vision is still on track.
The company has come to describe this effort as the "Z-state," referring to what comes after the last letter in the alphabet.
In his area of the business, Mr. Gibson said WaMu has decided to approach servicing defaulted loans as a national line of business that will be handled with a proactive, risk-based approach.
"Part of what we are working on right now is a standardized, consistent approach at all of our sites," he said.
That means bringing together the right people, processes and technology to achieve the company's goals in default servicing.
- Wamu to scrap Western Bank brand.(Washington Mutual)(Brief Article)
- Magazine article from: Business Journal-Portland GOLDFIELD, ROBERT June 1, 2001 700+ words
...Pumphrey, manager of Washington Mutual Business Banking...Western Bank brand, Wamu will better leverage...consumer-oriented Washington Mutual operations, Wamu kept Western Bank...operates under Washington Mutual Bank's charter...
- Washington Mutual Announces ATM Branding Agreement with Cardtronics; WaMu Will...
- Press release article from: Business Wire August 21, 2006 700+ words
...growth with the new WaMu Free Checking(TM) account. About Washington Mutual Washington Mutual...throughout the nation. Washington Mutual's press releases...newsroom.wamu.com. About Cardtronics...1) The new WaMu Free Checking...account, offered by ...
- Washington Mutual Launches Paperless Checking Account Openings on the Web; WaMu...
- Press release article from: Business Wire May 11, 2006 700+ words
...features of the WaMu Free Checking...including no Washington Mutual fees for ATM...minutes at www.wamu.com." Washington Mutual, through its...the nation. Washington Mutual's press releases...at newsroom.wamu.com. The...
- WAMU THE CONQUERER: Washington Mutual becomes the superhero of the thrift...
- Magazine article from: US Banker Fogarty, Mark July 1, 2001 700+ words
Washington Mutual has marched...institution. "WaMu's management...mortgages. (WaMu also has an...For 100 years Washington Mutual had been a...s Gray. Washington Mutual's growth...controversy. WaMu's application...
- WaMu -- THE POWER OF YES.(Washington Mutual Inc.)(Statistical Data Included)
- Magazine article from: Mortgage Banking ENGLAND, ROBERT STOWE June 1, 2001 700+ words
...SALES MEETING, Washington Mutual, Inc.'s (WaMu) Seattle...according to WaMu. Surging to...in servicing Washington Mutual also has new...acquisition, Washington Mutual's servicing...according to WaMu. Only Wells...
- Washington Mutual Establishes Institutional Broker-Dealer -- WaMu Capital Corp.
- Press release article from: Business Wire July 1, 2002 700+ words
...institutional market. WaMu Capital Corp...closely with Washington Mutual and its affiliates...establishment of WaMu Capital Corp. complements Washington Mutual's relationship...Services Group at Washington Mutual. "WaMu Capital Corp...
- WaMu's whopping portfolio. (Cover Report: Servicing).(Washington...
- Magazine article from: Mortgage Banking Lutz, Warren February 1, 2003 700+ words
...Seattle-based Washington Mutual has bought and...put in place, WaMu is ready to...Seattle-based Washington Mutual (WaMu), has spent...Internet. And WaMu now operates...big part of Washington Mutual's fascination...
- WaMu goes for gold in California deal. (Washington Mutual Inc.'s plan to...
- Magazine article from: Puget Sound Business Journal Epes, James March 14, 1997 700+ words
...different. that's Washington Mutual." WaMu's proposed $6.6...raise its offer to equal WaMu's and then risk a proxy...overlapping branch network than WaMu could. Questioning the numbers Washington Mutual claims that it can cut...
- WaMu to Buy Providian.(Washington Mutual Inc., Providian Financial Corp.)
- Magazine article from: Origination News Finkelstein, Brad July 1, 2005 700+ words
...Fitch Ratings affirmed Washington Mutual's ratings of "A...card receivables vs. WaMu's existing asset mix...fourth business unit at WaMu and remain in San Francisco...Being associated with Washington Mutual will allow Providian...amp; Bartlett advised WaMu. Providian was ...
- WaMu's branch strategy a bust; Seattle bank's 3-year expansion here...
- Magazine article from: Crain's Chicago Business Daniels, Steve October 24, 2005 700+ words
...STEVE DANIELS Washington Mutual Inc.'s three...of June 30, Washington Mutual ranked fourth...711 million. WaMu, as the bank...Bank One-took WaMu's invasion...regardless of (Washington Mutual), is stronger...
Source: HighBeam Research, WaMu Aims for the 'Z-State' in Building National Default...