Washington Mutual shares fall a day after big drop in Q3 profit

Story date: 2007-10-18 09:36:00
Added on: 2007-10-18 16:42:46

Seattle Post Intelligencer - Home mortgage sales swung from a second-quarter gain of $192 million to a third-quarter loss of $222 million. It also reported an impairment loss of $104 million on investment-grade mortgage-backed securities available for sale. Subprime mortgage ...


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