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The Charles Schwab Corporation Message Board

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  • rogerjames55346 rogerjames55346 Aug 17, 2009 10:34 AM Flag

    Schwab Bank.....

    You didn't need to have a Schwab Brokerage Account to obtain a Schwab Bank mortgage. You're right that they directed the majority of their marketing effort at the existing client base, but all were welcome. Schwab Bank was a young bank just trying to get in the mortgage game for the first time, they just happened to pick the upward slope of a housing bubble to make their mark. Just bad luck.

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