{"id":1101,"date":"2007-09-13T11:45:45","date_gmt":"2007-09-13T18:45:45","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/"},"modified":"2007-09-13T11:45:45","modified_gmt":"2007-09-13T18:45:45","slug":"cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/","title":{"rendered":"Cash infusions at CFC continue, WaMu exits warehouse biz, more downsizing"},"content":{"rendered":"

National Mortgage News<\/a> reports that Countrywide received an additional $12 Billion in secured financing and that mortgage powerhouse, WaMu, is exiting the warehouse biz. In addition, there are rumblings<\/a> that Countrywide employees may be suing Angelo Mozillo et. al, complaining that the company allegedly cheated them out of millions by concealing the true health of Countrywide. Inman News<\/a> is reporting that First Horizon Home Loans is shuttering offices and reducing staff.<\/p>\n

Lots of shifting, merging, consolidation, BK’s, and movement going on the the real estate business as this slowdown works through different areas of the country. I would like some insiders to comment on how WaMu’s exiting of the warehouse business will affect loan officers and their customers.<\/p>\n","protected":false},"excerpt":{"rendered":"

National Mortgage News reports that Countrywide received an additional $12 Billion in secured financing and that mortgage powerhouse, WaMu, is exiting the warehouse biz. In addition, there are rumblings that Countrywide employees may be suing Angelo Mozillo et. al, complaining that the company allegedly cheated them out of millions by concealing the true health of…<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[],"tags":[28,50,61,74,111],"coauthors":[],"class_list":["post-1101","post","type-post","status-publish","format-standard","hentry","tag-affordability","tag-escrow","tag-fundamentals","tag-s-crow","tag-wamu"],"yoast_head":"\nCash infusions at CFC continue, WaMu exits warehouse biz, more downsizing \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cash infusions at CFC continue, WaMu exits warehouse biz, more downsizing \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"National Mortgage News reports that Countrywide received an additional $12 Billion in secured financing and that mortgage powerhouse, WaMu, is exiting the warehouse biz. In addition, there are rumblings that Countrywide employees may be suing Angelo Mozillo et. al, complaining that the company allegedly cheated them out of millions by concealing the true health of...\" \/>\n<meta name=\"twitter:creator\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"S-Crow\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/\",\"name\":\"Cash infusions at CFC continue, WaMu exits warehouse biz, more downsizing \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"datePublished\":\"2007-09-13T18:45:45+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/18235209744629c011d7907305118790\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cash infusions at CFC continue, WaMu exits warehouse biz, more downsizing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/18235209744629c011d7907305118790\",\"name\":\"S-Crow\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/ddfd76f45253e9098996d576e0caa2dd\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1233b6784226badc2532f7502351b5bbfc8786cd62e63e289ca4f9bcea3dcdff?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1233b6784226badc2532f7502351b5bbfc8786cd62e63e289ca4f9bcea3dcdff?s=96&d=retro&r=g\",\"caption\":\"S-Crow\"},\"description\":\"\\\"S-Crow\\\" (Tim Kane) is co-owner (with spouse Lynlee, LPO-Designated escrow Officer) of Legacy Escrow Service, Inc., an authentic independent escrow firm closing residential purchase\/sale and refinance transactions.\",\"url\":\"https:\/\/seattlebubble.com\/blog\/author\/scrow\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cash infusions at CFC continue, WaMu exits warehouse biz, more downsizing \u2022 Seattle Bubble","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/seattlebubble.com\/blog\/2007\/09\/13\/cash-infusions-at-cfc-continue-wamu-exits-warehouse-biz-more-downsizing\/","twitter_card":"summary_large_image","twitter_title":"Cash infusions at CFC continue, WaMu exits warehouse biz, more downsizing \u2022 Seattle Bubble","twitter_description":"National Mortgage News reports that Countrywide received an additional $12 Billion in secured financing and that mortgage powerhouse, WaMu, is exiting the warehouse biz. 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