Mortgage Fraud WaMu says capital is sufficient to fund operations - Forbes by Bad Credit Mortgage Loans

Sun, 14 Sep 2008 07:00:11 -0600

Mortgage Fraud WaMu says capital is sufficient to fund operations - Forbes

by Bad Credit Mortgage Loans @ Sun, 14 Sep 2008 07:00:11 -0600

said Thursday it will take another multibillion write-down for bad bets on mortgage securities but insisted it has adequate capital to fund its operations amid concern about the thrift's financial stability. Washington Mutual Inc. The nation's ... Does the lender make privately or federally insured or guaranteed loans? Some mortgage loans may be backed by a federal agency, such as the Federal Housing Administration (FHA loans) or the Department of Veterans Affairs (VA loans).


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