WaMu?s troubles?..

Ouch - in my previous positions as a loan officer for smaller community banks, I sold a LOT of loans to Washington Mutual (including the one on my own house!).    Check out this article for details, and also check out what Housing Wire has to say about it here.    Here's my take on it: 1.  Washington Mutual is making some drastic moves in a time where the market is changing dramatically.   It's a life saving effort, and it's one that they have to do.    Will it work?   I don't know.   Is it enough?   I doubt it, I think we'll see more from them in the future. 2. If Washington Mutual is feeling that much pain right now, what is happening over at Countrywide right now? 3. For years, Washington Mutu