If Washington mutual Bank closes down,,what happens to my mortgage?

Question

will some other bank take over my mortgage?

Answer 1

in all likelihood, WAMU sold your loan on the secondary mortgage market. You will still owe the mortgage to the investors who purchased the loan. It's not like the old days where the bank owned the loan. The loans are almost always sold to investors.

Answer 2

I second KFC Fetish's vote.

Answer 3

WaMu is not going to go away. But if they did, their creditors would get your mortgage.