M&A - LONG BEACH SECURITIES CORP

Form Type: ABS-15G

Filing Date: 2025-02-06

Corporate Action: Merger

Type: Update

Accession Number: 000092963825000547

Filing Summary: On February 6, 2025, Long Beach Securities Corp. filed an Asset-Backed Securitizer Report pursuant to Section 15G of the Securities Exchange Act of 1934. The filing is intended to report activities for the period from January 1, 2024, to December 31, 2024. The report indicates that there was no activity to report for the annual period as required under Rule 15Ga-1(c)(2)(ii). Notably, Long Beach Securities Corp. underwent a merger on December 8, 2017, with several entities including Washington Mutual Mortgage Securities Corp., which is now the surviving entity. This report is filed by WMMSC on behalf of Long Beach for all mortgage-backed securities relating to residential mortgage loans for which Long Beach acted as a depositor. Additionally, the report touches upon the acquisition of Washington Mutual Bank's banking operations by JPMorgan Chase Bank, National Association on September 25, 2008, and mentions the potential repurchase obligations with the FDIC receivership.