Certified Forensic Loan Auditors, LLC

  Upcoming Classes

Search CFLA's Article Archive:

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)


Back to July 2014 Archive

CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

SEE BELOW- http://www.certifiedforensicloanauditors.com

Call us toll free at 888-758-2352

Bookmark and Share
Facebook Like us on Facebook
Twitter Follow us on Twitter
YouTube View our YouTube Videos
LinkedIn Connect to us on Linkedin
BBB Logo


Contact us or view our Sample Documents & Audits by completing the form below.

International Bloomberg Securitization Audits


DVD Sets Only $99


FREE Mortgage Fraud Analysis


Order Cutting-Edge Services Now


Quiet Title Packages from Licensed Attorneys


Affiliate Services


CFLA Sponsored Attorney Links


Take-Home Education Package