Mortgage Refinance WaMu approaches private equity firm for deal: report (Reuters via Yahoo! News) by Loan Consolidation

Sun, 30 Nov 2008 07:00:06 -0700

Mortgage Refinance WaMu approaches private equity firm for deal: report (Reuters via Yahoo! News)

by Loan Consolidation @ Sun, 30 Nov 2008 07:00:06 -0700

Washington Mutual Inc , the large U.S. savings and loan company beleaguered by mortgage losses, has approached private-equity firms about a potential takeover after a line-up of listed firms showed reluctance, the Wall Street Journal said citing people familiar with the situation. These can include settlement costs, discount points, and other fees. There may also be a penalty charged for paying off your original loan early, although some states prohibit this.


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