Washington Mutual's 3rd-quarter profit shrinks 72 percent

Story date: 2007-10-17 05:08:00
Added on: 2007-10-17 21:00:28

Seattle Post Intelligencer - ... as sagging home prices made it harder for borrowers to pay their bills and hurt the value of the bank's portfolio of mortgage ... Mutual last year socked away $967 million to prepare for borrowers defaulting on their debt, mostly mortgages and credit ...


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