Mortgage debt bashes WaMu’s third quarter

Story date: 2007-10-18 06:44:00
Added on: 2007-10-18 07:49:04

Olympian - 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. The third-biggest home lender on ...


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