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Dolphin1
Dyn-o-mite!

Joined: 20 Mar 2007
Posts: 302
Location: In
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As usual, the people that worked hard and knew what they were doing are out on their ear. The guys who screwed things up are still large and in charge with their cushy salaries.
Yes, I think WAMU management has been among the worst.
Good luck guys. |
_________________ Damn the torpedos! Full speed ahead!
Old sailors never die, they just weigh anchor and sail on to a better port. |
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pbjen
Dud?

Joined: 19 Jan 2008
Posts: 23
Location: Illinois
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Absolutely correct Dolphin.
Good luck and stay strong to the employees and their families |
_________________ "Such as are your habitual thoughts, such also will be the character of your mind; for the soul is dyed by the thoughts." Marcus Aurelius |
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Theone
Dud?
Joined: 15 Mar 2008
Posts: 3
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Yup, they are done. Announcement later today or tomorrow morning |
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loangodiss
Dud?

Joined: 21 Aug 2007
Posts: 4
Location: California
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Just received an email from my corporate office. The following is an email they received from our Rep....
Dear Brokers:
Hey I wanted to let my friends know that I just heard WaMu is exiting the Wholesale lending business! The last day to submit a file electronically to us is 4-10-08 and we’ll be around to close out the remaining pipeline.
I’ll let you know more when I have more information, but suffice to say it’s been a pleasure working with you these last 15 years!
Your Friend |
_________________ b] I am only as strong as the Cocktails I drink & the Hairspray I use!!!![/b] |
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UghMortgageBiz
Spontaneously Combusted

Joined: 12 Mar 2007
Posts: 2099
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| loangodiss wrote: |
| I’ll let you know more when I have more information, but suffice to say it’s been a pleasure working with you these last 15 years! |
OK, not to say that the whole thing isn't sad, but it' THIS that pisses me off!
Good people who have been in the business for a long time, before this mess; losing their jobs.
Of course I don't know who this person is, I'm just making a general comment about those (new, money hungry know nothings) that ruined this industry for the ones in it for the long haul. |
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1986CareerGirl
Flash in the pan

Joined: 03 Dec 2007
Posts: 90
Location: California
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and the bad news just keeps on coming, more people out of work. sad. |
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suzyQ
Wrecking crew

Joined: 13 Feb 2008
Posts: 1736
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This just in - Wamu will now close all the retail Home Loan Centers by end of month - so will be retracted down to BLC in branch level only. |
_________________ "I think we consider too much the good luck of the early bird and not enough the bad luck of the early worm." FDR |
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mustbecrazy
Cherry Bomb

Joined: 31 Jan 2008
Posts: 195
Location: Northern California
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just totally sucks even if they are the competition, got be way over 100,000 positions down the drain industry wide now, this alone will be in the thousands, but hey like George keeps saying, "just a bump in the road" |
_________________ From the Wisdom of Rat "People are american idol$ and I hate them" |
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brokeAE
Dyn-o-mite!

Joined: 13 Dec 2007
Posts: 384
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Dont you think that they are slimming down so they are more attractive to be purchased? Just my thoughts but it make sense to me. I am very sorry to all affectied by this decision. God Bless. |
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StephenF
Nitroglycerin

Joined: 08 Dec 2007
Posts: 716
Location: New Jersey
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Just received an e-mail from our AE...WAMU (wholesale) is done here in NJ |
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