NEW YORK (Reuters) - Washington Mutual Inc (NYSE:WM - News), the largest U.S. savings and loan, said on Tuesday it obtained a $7 billion capital injection from private equity firm TPG Inc and other investors, but that mortgage problems will lead to a $1.1 billion quarterly loss and the elimination of 3,000 jobs. Shares fell as much as 13 percent.
The thrift also plans to close its 186 stand-alone home loan offices and stop offering loans through mortgage brokers. It will instead offer home loans in its retail branches, where some of the affected mortgage workers will be offered jobs.
WaMu, as the thrift is known, said it expects a first-quarter loss of $1.40 per share, more than twice the 51 cents that analysts on average expected....
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