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SEC Probes WaMu Home Loans

Investigators focus on charges that appraisals were inflated

By Peter Fearon, Newser Staff

Posted Dec 21, 2007 4:06 AM CST

(Newser) – Washington Mutual, one of America's largest mortgage lenders and the biggest savings and loan in the nation, is under investigation by the Securities and Exchange Commission, reports the Wall Street Journal. Regulators suspect some WaMu mortgages were based on inflated appraisals. WaMu, bloodied by the... Read full story »

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subprime mortgages • SEC • Freddie Mac • Andrew Cuomo • Fannie Mae • Washington Mutual • WaMu • Office of Thrift Supervision • First American Corp • appraisals • eAppraiseIT

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SEC Probes WaMu Home Loans

Investigators focus on charges that appraisals were inflated

WaMu Probe

subprime mortgages • SEC • Freddie Mac • Andrew Cuomo • Fannie Mae • Washington Mutual • WaMu • Office of Thrift Supervision • First American Corp • appraisals • eAppraiseIT

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