Sunday, June 19, 2016 11:24:20 AM
Institution Profile
* Total assets as of June 30, 2008: $307.02 billion
* Primary executive and business segment headquarters are located in Seattle,
Washington.
* Branches: 2,239 retail branch offices operating in 15 states
* 4,932 owned and branded ATMs
* Employees: 43,198 at June 30, 2008
Recent Deposit Flows
. Because of adverse events in the financial markets, material outflows began on
September 15, 2008. Coupled with further rating agency downgrades of Washington
Mutual Inc. (WM, the top-tier holding company) and Washington Mutual Bank
(WMB or the Bank), the Bank experienced a net deposit loss of $16.7 billion through
September 24, 2008.
Other Financial Details (as of June 30, 2008)
* Total deposits: $188.3 billion
* Brokered deposits: $34.04 billion
* Total borrowings: $82.9 billion primarily comprising Federal Home Loan Bank
advances of $58.4 billion and $7.8 billion of subordinated debt
* Loans held: $118.9 billion in single-family loans held for investment - this includes
$52.9 billion in payment option ARMs and $16.05 billion in subprime mortgage
loans
* Home Equity Lines of Credit (HELOCs): $53.4 billion
* Credit Card Receivables: $10.6 billion
E Permanent Subcommittee on Investigations
Wall Street & The Financial Crisis
Report Footnote #107 DochowDarrel-00076154_001
Footnote Exhibits - Page 0001
. Total loan servicing: $689.7 billion total loans serviced, including $442.7 billion in
loans serviced for others and $26.3 billion of subprime mortgage loans
* Non-performing assets: $11.6 billion, including $3.23 billion payment option ARMs
and $3.0 billion subprime mortgage loans
Office of Thrift Supervision Fact sheet
Recent COOP News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:31:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:09:25 PM
- Mr. Cooper Group Inc. Announces Pricing of Offering of $750 Million of Senior Notes • Business Wire • 07/29/2024 08:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 08:24:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/26/2024 08:20:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 11:00:12 AM
- FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS • PR Newswire (US) • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Reports Second Quarter 2024 Results and Announces Acquisition of Mortgage Operations From Flagstar • Business Wire • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Inc. to Discuss Second Quarter 2024 Financial Results on July 25, 2024 • Business Wire • 07/11/2024 08:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:07:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:36:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:33:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:28:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:26:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:24:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:22:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:19:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:17:44 PM
- Xome Democratizes Real Estate with Launch of DIY Sales Platform, No Agent Required • Business Wire • 05/22/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 10:47:32 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/15/2024 12:11:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 12:12:48 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:22:09 PM
- Mr. Cooper Group Reports First Quarter 2024 Results • Business Wire • 04/24/2024 11:00:00 AM
- Mr. Cooper Group Announces Two New Senior Leaders • Business Wire • 04/23/2024 01:00:00 PM
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