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Loan Modification

: Mortgage Lender Implode-o-Meter

WaMu has setback on road out of Chapter 11

By Implode-Explode Heavy Industries

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"Bankruptcy Judge Mary Walrath declined to hear arguments on the hundreds of objections to the disclosure statement. Instead, she ordered lawyers for the company to discuss requests for information by attorneys for shareholders and bondholders and report back on June 17. She also postponed discussions of the disclosure statement until that time."

Full post as published by Mortgage Lender Implode-o-Meter on June 04, 2010 (boomark / email).

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