Levin discusses the recovery of fraudulent loans.
04/12/2010
https://www.congress.gov...
Now, this high-risk strategy of WaMu, the shift from low risk to high risk, was first implemented in 2004.
Mr. Schneider was certainly concerned with the issues.
Did the audit find that Long Beach then was consistently approving poor loans?
Now, specialty lending is what Washington Mutual called its subprime operations after it abolished Long Beach as a separate entity and took ...