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Home » Store » News » WaMu Takes Big Step Toward Domination of Mortgage Market With Plans to Acquire Dime

WaMu Takes Big Step Toward Domination of Mortgage Market With Plans to Acquire Dime

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Washington Mutual in Seattle, WA, which has made no secret of its plans to dominate the residential mortgage business in this country, took another big step toward meeting that goal by announcing this week that it will acquire Dime Bancorp. The purchase of Dime and its North American Mortgage unit, which is expected to be completed early next year, will solidify WaMu’s quickly emerging position as both the top mortgage originator and top mortgage servicer
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