Do you think your investors should be troubled by that? Should your stockholders, should anybody be troubled by that exc...
How does that happen? You have loan officers under investigation year after year after year.
You are out there selling these securities. You know there is fraud in some of these securities.
banks that find out about high rates of fraud affecting their loans and then do not do anything about them is emblematic...
You are out there selling these securities. Do you not have a responsibility to take steps to make sure that fraud ends?
And it was not your job, it was their job, the previous panel's job?
Did you have concerns about the Option ARM?
This internal investigation found that WaMu loans marked as containing fraudulent information were nonetheless being sol...
Repeat Issue--Underwriting guidelines established to mitigate the risk of unsound underwriting decisions are not always ...
Does that mean higher interest rates?
In order to generate more sustainable, consistent higher margins within Washington Mutual, the 2005 Strategic Plan calls...
Should you have been?
Then you ordered a crackdown on early payment defaults at Long Beach, is that correct?
We are going to try to work here.
Yes.
That is never right. That is never what we represent.
Should not happen. These are securities that happened on your watch.
Shouldn't you have checked to make sure that the fraudulent, tainted mortgages were not part of those securities before ...
