What does Washington mutual do?

- It was the largest thrift institution in the United States before its failure in September 2008 during the subprime mortgage crisis.

Here are some of the things that Washington Mutual did:

>1. Residential Mortgage Lending:

WaMu was a major player in the residential mortgage lending industry. It offered various mortgage products, including fixed-rate mortgages, adjustable-rate mortgages, jumbo loans, and subprime mortgages.

>2. Retail Banking:

WaMu provided a wide range of retail banking services to individuals and small businesses. This included checking and savings accounts, money market accounts, certificates of deposit, credit cards, and personal loans.

>3. Commercial Banking:

WaMu also offered commercial banking services to businesses of all sizes. This included loans, lines of credit, cash management services, and international banking services.

>4. Wealth Management:

WaMu had a wealth management division that provided investment and financial planning services to high-net-worth individuals and families. This included brokerage services, estate planning, and trust services.

>5. Insurance:

WaMu sold a variety of insurance products, including home insurance, auto insurance, life insurance, and disability insurance.