WaMU REO
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Now that our local favorite bank has diluted the hell out of its current shareholders and reduced its dividend...the fire sale begins! Many of you may know...but TPG's mantra is buy, downsize, streamline, sell...expect MASSIVE layoffs at WaMu in the coming weeks.
On that note, I bet they are going to be trying to unload REO's at a fast pace. I have found REO sites for all the big bagholders (CFC, BOA, WFC), but not one for WaMu. Does anyone know how they list them? Do they not keep a central depot, but rather just list individually with Hustlers (Realtors)?
Thanks!
On that note, I bet they are going to be trying to unload REO's at a fast pace. I have found REO sites for all the big bagholders (CFC, BOA, WFC), but not one for WaMu. Does anyone know how they list them? Do they not keep a central depot, but rather just list individually with Hustlers (Realtors)?
Thanks!
