Washington Mutual Mortgage Review

Author: Rob K. Blake | Date: June 24, 2008 | Filed In: Mortgage Company

Washington Mutual Mortgage is the mortgage division of parent company, Washington Mutual Inc, (NYSE:WM). We located a website, a number of customer complaints, and two WaMu Mortgage phone numbers.

Washington Mutual Mortgage Website and Phone Contacts

Washington Mutual Mortgage Website: http:// www.wamuloans.com/
Washington Mutual Mortgage Phone:
(512) 322-5283
(512) 345-0066

Address: 9333 Research Blvd B-200, Austin, TX 78759

Washington Mutual Mortgage Review

Washington Mutual Mortgage, in addition to being a sizable regional depositor bank, also jumped into subprime mortgage lending with their acquisition of Long Beach Mortgage in 1999. At the time, Long Beach Mortgage was in the top five of subprime mortgage wholesalers with a nationwide network of brokers funneling loans to the Washington Mutual balance sheet. This in my mind signals those in charge cared more about profits than sound lending.

Plus they have been involved in a number of scandals. To read “Washington Mutual Appraisal Scandal“, click the link.

If you are seeking a modification, since they own your mortgage, you can discuss loan modifications with them, but of course, modifications on loans not in arrears or default can be futile.

It appears when I search for complaints against Washington Mutual Mortgage, there are many. Click the link to see all the Washington Mutual Mortgage complaints listed in Google.

BBB Activity on Washington Mutual Mortgage

“Based on BBB files, this company has an unsatisfactory record with the BBB due to unanswered complaints. The company has resolved some complaints presented by the BBB, however, the company did not respond to other complaints.

BBB processed a total of 19 complaints about this company in the last 36 months, our standard reporting period. Of the total of 19 complaints closed in 36 months, 6 were closed in the last year.”

BBB DBA Names:

Homeside Lending
Long Beach Mortgage
Washington Mutual
Washington Mutual Bank
Washington Mutual Finance
Washington Mutual Financial Services
Washington Mutual Home Loans

See Comments Below to Add/Read Customer Opinions On Washington Mutual Mortgage

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Author: Rob K. Blake