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Mortgage debt bashes WaMu’s third quarter (The Olympian)

Story date: 2007-10-18 07:09:40
Added on: 2007-10-18 07:49:02


OLYMPIA — Washington Mutual Inc.’s third-quarter profit shrank 72 percent as sagging home prices made it harder for borrowers to pay their bills and hurt the value of the bank’s portfolio of mortgage loans.


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