With landscapers claiming $150,000 a year incomes, WaMu built a home mortgage business that eventually collapsed in a sea of bad mortgages. The NYT has a story today that provides an intense insight into the home mortgage business, and the collapse of Washington Mutual.
By Saying Yes, WaMu Built Emplire on Shaky Loans
By Saying Yes, WaMu Built Emplire on Shaky Loans
