Thursday, March 7, 2013

The Nefarious History of Washington Mutual Bank FA

Questions arise as to why after April 4, 2005 Washington Mutual Bank FA continued doing business as Washington Mutual Bank FA even though it had been legally renamed to Washington Mutual Bank and according to the 2005 10-K for Washington Mutual, Inc.  that Washington Mutual Bank, FA had ceased to exist.  After April 5, 2005 to September 26, 2008 when the FDIC placed Washington Mutual Bank into Receivership, Washington Mutual Bank made loans as Lender and Beneficiary in the name of the non-existent federal savings bank, Washington Mutual Bank, FA.

Washington Mutual Bank falsely led thousands of homeowners falsely to believe after 4/4/2005 that their Lender as stated on Notes, Mortgages, and Deeds of Trust that their Lender was the non-existent "Washington Mutual Bank, FA a federal savings bank existing and operating under the laws of the United States."  Now JPMorgan Chase Bank NA is foreclosing on these hoodwinked homeowners and are naming the non-existent Washington Mutual Bank, FA as Beneficiary.

The loans and the foreclosures are questionable if not downright fraudulent.

On December 12, 2006 the Market Risk Committee of Washington Mutual, Inc documented their minutes and referred to Washington Mutual Bank as "fka Washington Mutual Bank, FA".



The Institution History Report for Washington Mutual Bank can be obtained from the website of the National Information Center of the Federal Reserve System cited below.

http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=1222108&parDT_END=20080925

institution History for   WASHINGTON MUTUAL BANK (1222108)



6 institution history record(s) found. < Previous  Page  Next >
Event DateHistorical Event
1988-09-06AMERICAN SAVINGS, A FEDERAL SAVINGS AND LOAN ASSOCIATION located at 343 EAST MAIN STREET, STOCKTON, CA was established as a Savings & Loan Association.
1988-12-28AMERICAN SAVINGS, A FEDERAL SAVINGS AND LOAN ASSOCIATION was renamed to AMERICAN SAVINGS BANK, F. A. and moved to 400 EAST MAIN STREET STOCKTON, CA and changed from Savings & Loan Association to Federal Savings Bank.
1997-10-01AMERICAN SAVINGS BANK, F. A. was renamed to WASHINGTON MUTUAL BANK, FA.
2005-04-04WASHINGTON MUTUAL BANK, FA was renamed to WASHINGTON MUTUAL BANK.
2005-09-23WASHINGTON MUTUAL BANK moved to 2273 NORTH GREEN VALLEY PARKWAY HENDERSON, NV.
2008-09-26WASHINGTON MUTUAL BANK failed. JPMORGAN CHASE BANK, NATIONAL ASSOCIATION acquired the remaining assets.


Other Information:


Institutions Acquired by   WASHINGTON MUTUAL BANK (1222108)  
View additional information for an institution by selecting that institution.



14 Institution(s) Found < Previous    Page   Next>

Name (RSSD ID)Acquisition DateDescription
COMMERCIAL CAPITAL BANK, FSB (215372) 2006-10-01 The acquired institution sold its assets to the acquiring institution.
PROVIDIAN NATIONAL BANK (121709) 2005-10-01 The acquired institution sold its assets to the acquiring institution.
WASHINGTON MUTUAL BANK (997472) 2005-01-01 The acquired institution sold its assets to the acquiring institution.
DIME SAVINGS BANK OF NEW YORK, FSB, THE (108700) 2002-01-07 The acquired institution sold its assets to the acquiring institution.
BANK UNITED (1363319) 2001-02-13 The acquired institution sold its assets to the acquiring institution.
HOME SAVINGS OF AMERICA, FSB (330275) 1998-10-04 The acquired institution sold its assets to the acquiring institution.
GREAT WESTERN BANK, A FEDERAL SAVINGS BANK (197179) 1997-10-01 The acquired institution sold its assets to the acquiring institution.
ENCINO SAVINGS BANK, FEDERAL SAVINGS BANK (484075) 1994-06-04 The acquired institution failed and disposition was arranged of by a regulatory agency. Assets were distributed to the acquiring institution.
VALLEY FEDERAL SAVINGS AND LOAN ASSOCIATION (44077) 1992-04-11 The acquired institution failed and disposition was arranged of by a regulatory agency. Assets were distributed to the acquiring institution.
FARWEST SAVINGS AND LOAN ASSOCIATION, A FEDERAL ASSOCIATION (714370) 1992-03-21 The acquired institution failed and disposition was arranged of by a regulatory agency. Assets were distributed to the acquiring institution.
COLUMBIA SAVINGS AND LOAN ASSOCIATION, FEDERAL ASSOCIATION (796871) 1991-09-14 The acquired institution failed and disposition was arranged of by a regulatory agency. Assets were distributed to the acquiring institution.
AMERICAN SAVINGS BANK, F.S.B. (1494718) 1991-09-11 The acquired institution sold its assets to the acquiring institution.
UNITY SAVINGS AND LOAN ASSOCIATION, FEDERAL ASSOCIATION (414474) 1991-08-03 The acquired institution failed and disposition was arranged of by a regulatory agency. Assets were distributed to the acquiring institution.
AMERICAN SAVINGS AND LOAN ASSOCIATION (606475) 1988-09-06 The acquired institution failed and disposition was arranged of by a regulatory agency. Assets were distributed to the acquiring institution.

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