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Washington Mutual's Earnings To Suffer From Mortgage Woes

Story date: 2007-10-05 05:55:00
Added on: 2007-10-05 22:00:19


Wall Street Journal - Washington Mutual Inc., one of the nation's largest mortgage originators, expects to set aside $975 million on a pretax basis in the third quarter to cover potential future loan losses and record a $150 million writedown on mortgage loans it planned ...


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