wamu

FDIC Sues Former WaMu Execs & Their Wives Over Risky Loans And Hidden Money

FDIC Sues Former WaMu Execs & Their Wives Over Risky Loans And Hidden Money

They say that behind every great man there is a woman who will eventually be his co-defendant when he is sued by the FDIC for his part in the largest bank failure in U.S. history. [More]

Is Some Of The $9.8 Million In Unclaimed WaMu Deposits Yours?

Is Some Of The $9.8 Million In Unclaimed WaMu Deposits Yours?

Remember the good old days when Washington Mutual (or WaMu, if you like your bank to sound like a killer whale) still existed? Well, there are about 9.8 million souvenirs of its existence still waiting to be disbursed in the form of unclaimed deposits. [More]

New Documents Shed Light On Lethal Last Days Of WaMu

New Documents Shed Light On Lethal Last Days Of WaMu

Remember in Sept. 2008, when Washington Mutual went from being the sixth-largest bank in the U.S. to the biggest bank failure in U.S. history? Well, newly released documents show just how reckless and money-grubbing WaMu was in its final months — and how some employees were reaping huge rewards as the bank sunk into the quicksand. [More]

Despite Refinance, Homeowner Evicted And House Sold [Updated]

Despite Refinance, Homeowner Evicted And House Sold [Updated]

Imagine coming home to find the sheriff on your doorstep with an eviction notice, and then being given 3 hours to get the hell off your property, which is no longer yours because your bank mistakenly sold it out from under you for about a third of its value. Oops! Although we initially assumed WaMu/Chase was behind all of it, NCB Miami reports that actually “a mistake in the Miami-Dade Clerk’s Office appears to be behind the mishap, which landed Ramirez homeless for more than 24 hours.”

Chase Barrages Customer With Overdraft Fees

Chase Barrages Customer With Overdraft Fees

Just about everyone’s been smacked with an overdraft fee before, but Michael writes us about his partner who is drowning in a flood of such exploitative charges.

WaMu/Chase Doesn't Believe Your Card Was Stolen, Despite The Fact That The Thief Was Arrested

WaMu/Chase Doesn't Believe Your Card Was Stolen, Despite The Fact That The Thief Was Arrested

Reader Stephen says that a NYC Taxi driver tricked him into using an ATM skimmer-like-device instead of the normal credit card machine and made off with his card and PIN. The NYPD made an arrest, but Stephen says he’s still battling with Chase/WaMu.

WaMu Saddles Credit Card Theft Victim With Thousands In Fraudulent Charges

WaMu Saddles Credit Card Theft Victim With Thousands In Fraudulent Charges

Someone stole reader A’s WaMu credit card number and racked up thousands in fraudulent charges, and now WaMu wants A to pay for it. The fraudsters also made a PIN request for a cash advance over the phone, and WaMu said that phonecall orginated from A’s parents house. Because of this, which A says is impossible, WaMu demands A be responsible for the charges. He’s written letters and called executive customer service and it’s gotten him nowhere. His crappy story, inside…

Chase/WaMu Changeover Leads To Comical Levels Of Customer Inconvenience

Chase/WaMu Changeover Leads To Comical Levels Of Customer Inconvenience

Shawn was a faithful Washington Mutual customer, and by default is now a Chase customer. Sort of. He learned that the transition will take until September (September?!) and he can’t deposit personal checks in his account—even at a branch—without elaborate workarounds. What kind of bank is that?!

WaMu, Chase, And The Case Of The Missing Deposits

WaMu, Chase, And The Case Of The Missing Deposits

Dan’s fiancée mailed a deposit envelope containing $1,150 in checks to her bank, WaMu. Someone lost the checks, but nobody will take the blame, and they simply give her the run-around.

Check Your Bills, WaMu Cardholders, Due Dates May Be Changed

Check Your Bills, WaMu Cardholders, Due Dates May Be Changed

If you’re a former WaMu credit card customer and now with Chase, check your bill due dates. They may have changed, according to reports CreditMattersBlog is getting from its readers. Seems WaMu had a 25-day grace period, while Chase has one of “at least” 20.

NY Post Picks Up Consumerist Reader's ATM Skimming Story

NY Post Picks Up Consumerist Reader's ATM Skimming Story

Check it out, we’re in the New York Post today. They picked up our reader Dan’s story about finding an ATM skimmer at a Chase/WaMu, along with the skimmer spotted by Gizmodo reader Sean after they ran Dan’s story. Neat!

3 ATM Skimmers Found In One Week At Chase/WaMus – What?!

3 ATM Skimmers Found In One Week At Chase/WaMus – What?!

Three different ATM skimmers were found this week and reported on blogs, raising the question of what the heck is going on considering these are supposed to be a rarity. First, our reader Dan found a skimmer on a WaMu/Chase ATM in LA. Gizmodo picked up the story and subsequently their reader Sean Seibel found a skimmer on a Chase ATM in Manhattan’s East Village. Then this kid Nick McGlynn found a setup similar to the one Sean did, also on a Chase ATM. Now, when our reader Dan took the credit-card snagging device skimmer to the police he said they, “got a big kick out of the skimmer, saying they’d never seen one in person.” Hmm… Let’s look at a bunch of sexy ATM skimming photos and figure out what’s up with all these skimmers cropping up…

Worst Company In America: Chase VS Sears

Worst Company In America: Chase VS Sears

A megabank that now includes Washington Mutual? Or a hedge-fundy retail mash-up of Sears & Kmart? Which ruins your day?

Convert And Combine Your WaMu And Chase Cards

Convert And Combine Your WaMu And Chase Cards

The handover is complete and Chase now officially runs the WaMu credit card operations. Here’s how to combine your WaMu credit lines with your Chase credit lines. [CreditMattersBlog] (Photo: Ed Yourdon)

What Should We Do With All These #@$@& Empty WaMu Branches?

What Should We Do With All These #@$@& Empty WaMu Branches?

WaMu went on an insane building spree in Chicago a few years ago, and when combined with Chase, already a huge player in the Chicago market, it became obvious that there are just too many damn bank branches. Chase recently announced that it would close almost 300 WaMu locations nationwide — 57 of them in the Chicago-area alone. The bank branches replaced local businesses during the boom, but will they come back during the bust?

WaMu: Please Take All This WaMu Branded Crap Before We Cease To Exist

WaMu: Please Take All This WaMu Branded Crap Before We Cease To Exist

Reader James says he doesn’t want all this crap that the teller at WaMu forced on him earlier today. The Frisbee sucks, he doesn’t like caramel corn, and his refrigerator isn’t magnetic.

WaMu: No Refund, You "Authorized" Those Muggers

WaMu: No Refund, You "Authorized" Those Muggers

This tourist in Rome got robbed and WaMu won’t reimburse him for the money they stole from his debit account.

Angry Consumer Slices and Dices Credit Cards To Protest Rate Increase

Angry Consumer Slices and Dices Credit Cards To Protest Rate Increase

Like many Americans, Christian and his wife got themselves into debt with a car loan and by using credit cards to pay for their wedding. Now they’ve been working on paying off their debt and had gotten it down from $35,000 to $15,000 — when their credit card companies decided to randomly raise their APR. Now they’ve cut up their cards forever in protest.