Thursday, September 18, 2008

Who is Getting WaMu's Market Share?

Today's (18 Sept. 2008) news that WaMu seems to be searching for a buyer presents some interesting questions when analyzing the 2008 market share data. Take a look at the chart below for the State of California.

Click on the image for a larger view.


Even though WaMu's market share has decreased significantly this year, they still have almost 1% of the California Conventional Purchase market as of July. Wells Fargo and Citi are rumored potential buyers. If it is Wells Fargo, WaMu's market share may be enough to keep them in a strong position in California. See the chart below for the current market share of Wells.

Click on the image for a larger view.

To see a complete market share report for California, contact MortgageDataWeb.

2 comments:

detr said...

The taxpayers age getting those loans that WaMu made! Would you want them in your portfolio? Now you have them! Justice!

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