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WAMU - Here is the Confidential 112 page Purchase & Assumption Agreement Between FDIC, Chase

stopforeclosurefraud.com | July 21, 2014

Division of Resolutions and Receiverships
Institution Numer: 10015
Insti tution Location: Henderson, NV

Washington Mutual Bank
Closing Book
Date of Closing: September 25, 2008

Confidential Information Confidential Information

Transaction Recap
Washington Mutual Bank
Henderson, NV

In all the transactions offered by the FDIC, the Whole Bank Purchase and Assumption Agreement will be tailored to the winning bid. In all transactions, all assets are purchased by the acquirer and the preferred stock is excluded from the transaction. The legal documents will be the governing documents for this transaction.

The FDIC is offering five alternative transaction structures:

  1. All liabilities are assumed except the preferred stock.
  2. All liabilities are assumed, except the preferred stock and the subordinated debt.
  3. All liabilities are assumed except the preferred stock, the subordinated debt and the senior debt.
  4. All deposits and secured liabilities are assumed by the acquirer.
  5. All insured deposits and secured liabilities are assumed.

The bid for alternatives 1, 2, or 3 must be at least the FDIC’s administrative costs of the closing equal to $ (amount to be provided).

Download Case (PDF)

 

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