Washington Mutual Inc., the ex-owner of the biggest US bank to fail, will face a November trial in an investor lawsuit over ownership of $4bn in low-ranking debt known as trust-preferred securities, a judge said. US Bankruptcy Judge Mary Walrath in Wilmington, Delaware, scheduled a trial for Nov. 1, the first day of a confirmation hearing on WaMu’s reorganization plan.
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Thanks to increases in home prices in 2019, the Federal Housing Administration loan limit will increase for nearly all of the country in 2020.
2019 has been a year of tremendous audience and product growth for HousingWire and we couldn’t be prouder. But we’re not ready to rest on our laurels. Far from it. In fact, 2020 promises to be an even bigger year for HousingWire.