Washington Mutual 3Q earnings to tumble

Story date: 2007-10-05 06:02:00
Added on: 2007-10-05 14:00:26

Boston Globe - Mortgage lenders often rely on secondary markets to sell mortgages in order to fund new lending. Without investors willing to purchase the mortgages, the value of the loans decreases, which has led Washington Mutual to cut the value of its own ...


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