Exhibit 99.2

WM - 1

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions, except per share data)
(unaudited)
	Quarter Ended															Year Ended
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,			Dec. 31,			Dec. 31,
	2007			2007			2007			2007			2006			2007			2006
PROFITABILITY
Net income (loss)	$	(1,867	)	$	186		$	830		$	784		$	1,058		$	(67	)	$	3,558
Net interest income		2,047			2,014			2,034			2,081			1,998			8,177			8,121
Noninterest income		1,365			1,379			1,758			1,541			1,592			6,042			6,377
Noninterest expense		4,166			2,191			2,138			2,105			2,257			10,600			8,807
Diluted earnings per common share:
Income (loss) from continuing operations	$	(2.19	)	$	0.20		$	0.92		$	0.86		$	0.66		$	(0.12	)	$	3.18
Income from discontinued operations		-			-			-			-			0.44			-			0.46
Net income (loss)		(2.19	)		0.20			0.92			0.86			1.10			(0.12	)		3.64
Diluted weighted average number of common shares outstanding
(in thousands)		855,532			876,002			893,090			899,706			955,817			866,183			975,406
Net interest margin		2.85	%		2.86	%		2.90	%		2.79	%		2.58	%		2.85	%		2.60	%
Dividends declared per common share	$	0.56		$	0.56		$	0.55		$	0.54		$	0.53		$	2.21		$	2.06
Book value per common share (period end)(1)		24.55			27.18			27.27			27.30			28.21			24.55			28.21
Return on average assets		(2.30	) %		0.23	%		1.05	%		0.95	%		1.20	%		(0.02	) %		1.02	%
Return on average common equity		(32.64	)		3.03			13.74			12.99			16.03			(0.42	)		13.52
Efficiency ratio(2)(3)		122.13			64.55			56.38			58.13			62.87			74.55			60.75
ASSET QUALITY
Nonperforming assets(4)to total assets		2.17	%		1.65	%		1.29	%		1.02	%		0.80	%		2.17	%		0.80	%
Allowance as a percentage of loans held in portfolio		1.05			0.80			0.73			0.71			0.72			1.05			0.72
CREDIT PERFORMANCE
Provision for loan losses	$	1,534		$	967		$	372		$	234		$	344		$	3,107		$	816
Net charge-offs		747			421			271			183			136			1,623			510
CAPITAL ADEQUACY
Capital Ratios for WMI:
Tangible equity to total tangible assets(5)		6.67	%		5.60	%		6.07	%		5.78	%		6.04	%		6.67	%		6.04	%
Tier 1 capital to average total assets(6)		6.84			5.86			6.09			5.87			6.35			6.84			6.35
Total risk-based capital to total risk-weighted assets(6)		12.35			10.67			11.04			11.17			11.77			12.35			11.77
Capital Ratios for WMB (well-capitalized minimum)(7):
Tier 1 capital to adjusted total assets (5.00%)		7.02			6.41			7.52			7.04			7.10			7.02			7.10
Adjusted Tier 1 capital to total risk-weighted assets (6.00%)		8.25			7.62			8.77			8.32			8.69			8.25			8.69
Total risk-based capital to total risk-weighted assets (10.00%)		12.12			11.26			12.80			12.37			12.56			12.12			12.56
SUPPLEMENTAL DATA
Average balance sheet:
Total loans held in portfolio	$	241,690		$	227,348		$	216,004		$	222,617		$	239,265		$	226,968		$	239,094
Total interest-earning assets(2)		287,988			283,263			279,836			295,700			314,784			286,666			312,178
Total assets		325,276			320,475			316,004			331,905			353,056			323,389			348,758
Total deposits		185,636			198,649			206,765			210,764			214,801			200,380			203,829
Total stockholders' equity		23,947			23,994			24,436			24,407			26,700			24,194			26,406
Period-end balance sheet:
Total loans held in portfolio, net		241,815			235,243			213,434			215,481			223,330			241,815			223,330
Total assets		327,913			330,110			312,219			319,985			346,288			327,913			346,288
Total deposits		181,926			194,280			201,380			210,209			213,956			181,926			213,956
Total stockholders' equity		24,584			23,941			24,210			24,578			26,969			24,584			26,969
Common shares outstanding at the end of period (in thousands)(8)		869,036			868,802			875,722			888,111			944,479			869,036			944,479
Employees at end of period		49,403			49,748			49,989			49,693			49,824			49,403			49,824

(1)	Excludes six million shares held in escrow.
(2)	Based on continuing operations.
(3)	The efficiency ratio is defined as noninterest expense divided by total revenue (net interest income and noninterest income).
(4)	Excludes nonaccrual loans held for sale.
(5)	Excludes unrealized net gain/loss on available-for-sale securities and cash flow hedging instruments, goodwill and intangible assets (except MSR) and the impact from the adoption and application of FASB Statement No. 158, Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans.  Minority interests of $3.92 billion for December 31, 2007, $2.94 billion for September 30, 2007 and June 30, 2007, and $2.45 billion for March 31, 2007 and December 31, 2006 are included in the numerator.
(6)	The capital ratios are estimated as if Washington Mutual, Inc. were a bank holding company subject to Federal Reserve Board capital requirements.
(7)	Capital ratios for Washington Mutual Bank ("WMB") at December 31, 2007 are preliminary.
(8)	Includes six million shares held in escrow.

WM - 2

Washington Mutual, Inc.
Consolidated Statements of Income
(dollars in millions, except per share data)
(unaudited)
	Quarter Ended
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
	2007			2007			2007			2007			2006
Interest Income
Loans held for sale	$	160		$	248		$	421		$	562		$	515
Loans held in portfolio		4,156			3,992			3,786			3,900			4,053
Available-for-sale securities		380			392			351			332			392
Trading assets		101			108			108			113			102
Other interest and dividend income		79			116			82			101			148
Total interest income		4,876			4,856			4,748			5,008			5,210
Interest Expense
Deposits		1,464			1,650			1,723			1,772			1,843
Borrowings		1,365			1,192			991			1,155			1,369
Total interest expense		2,829			2,842			2,714			2,927			3,212
Net interest income		2,047			2,014			2,034			2,081			1,998
Provision for loan losses		1,534			967			372			234			344
Net interest income after provision for loan losses		513			1,047			1,662			1,847			1,654
Noninterest Income
Revenue from sales and servicing of home mortgage loans		358			161			300			125			164
Revenue from sales and servicing of consumer loans		375			418			403			443			372
Depositor and other retail banking fees		769			740			720			665			692
Credit card fees		214			209			183			172			182
Securities fees and commissions		63			67			70			60			54
Insurance income		29			29			29			29			30
Loss on trading assets		(267	)		(153	)		(145	)		(108	)		(81	)
Gain (loss) on other available-for-sale securities		(261	)		(99	)		7			35			(1	)
Other income		85			7			191			120			180
Total noninterest income		1,365			1,379			1,758			1,541			1,592
Noninterest Expense
Compensation and benefits		877			910			977			1,002			945
Occupancy and equipment		488			371			354			376			476
Telecommunications and outsourced information services		134			135			132			129			133
Depositor and other retail banking losses		72			71			58			61			64
Advertising and promotion		108			125			113			98			107
Professional fees		89			52			55			38			89
Foreclosed asset expense		133			82			56			39			34
Goodwill impairment charge		1,775			-			-			-			-
Other expense		490			445			393			362			409
Total noninterest expense		4,166			2,191			2,138			2,105			2,257
Minority interest expense		65			53			42			43			34
Income (loss) from continuing operations before income taxes		(2,353	)		182			1,240			1,240			955
Income taxes		(486	)		(4	)		410			456			315
Income (loss) from continuing operations		(1,867	)		186			830			784			640
Discontinued Operations(1)
Income from discontinued operations before income taxes		-			-			-			-			2
Gain on disposition of discontinued operations		-			-			-			-			667
Income taxes		-			-			-			-			251
Income from discontinued operations		-			-			-			-			418
Net Income (Loss)	$	(1,867	)	$	186		$	830		$	784		$	1,058
Net Income (Loss) Applicable to Common Stockholders	$	(1,875	)	$	178		$	822		$	777		$	1,050
Basic Earnings Per Common Share:
Income (loss) from continuing operations	$	(2.19	)	$	0.21		$	0.95		$	0.89		$	0.68
Income from discontinued operations		-			-			-			-			0.45
Net Income (Loss)		(2.19	)		0.21			0.95			0.89			1.13
Diluted Earnings Per Common Share:
Income (loss) from continuing operations	$	(2.19	)	$	0.20		$	0.92		$	0.86		$	0.66
Income from discontinued operations		-			-			-			-			0.44
Net Income (Loss)		(2.19	)		0.20			0.92			0.86			1.10
Dividends declared per common share		0.56			0.56			0.55			0.54			0.53
Basic weighted average number of common shares outstanding (in thousands)		855,518			857,005			868,968			874,816			931,484
Diluted weighted average number of common shares outstanding (in thousands)		855,532			876,002			893,090			899,706			955,817

(1) Represents WM Advisors, Inc., the Company's retail mutual fund management business, which was sold in the fourth quarter of 2006.

WM - 3

Washington Mutual, Inc.
Consolidated Statements of Income
(dollars in millions, except per share data)
(unaudited)
	Year Ended
	Dec. 31,			Dec. 31,
	2007			2006
Interest Income
Loans held for sale	$	1,391		$	1,807
Loans held in portfolio		15,835			15,533
Available-for-sale securities		1,455			1,460
Trading assets		430			606
Other interest and dividend income		378			501
Total interest income		19,489			19,907
Interest Expense
Deposits		6,610			6,263
Borrowings		4,702			5,523
Total interest expense		11,312			11,786
Net interest income		8,177			8,121
Provision for loan losses		3,107			816
Net interest income after provision for loan losses		5,070			7,305
Noninterest Income
Revenue from sales and servicing of home mortgage loans		944			768
Revenue from sales and servicing of consumer loans		1,639			1,527
Depositor and other retail banking fees		2,893			2,567
Credit card fees		778			637
Securities fees and commissions		260			215
Insurance income		116			127
Loss on trading assets		(673	)		(154	)
Loss on other available-for-sale securities		(319	)		(9	)
Other income		404			699
Total noninterest income		6,042			6,377
Noninterest Expense
Compensation and benefits		3,766			3,937
Occupancy and equipment		1,589			1,711
Telecommunications and outsourced information services		530			554
Depositor and other retail banking losses		262			229
Advertising and promotion		445			443
Professional fees		233			227
Foreclosed asset expense		309			117
Goodwill impairment charge		1,775			-
Other expense		1,691			1,589
Total noninterest expense		10,600			8,807
Minority interest expense		203			105
Income from continuing operations before income taxes		309			4,770
Income taxes		376			1,656
Income (loss) from continuing operations		(67	)		3,114
Discontinued Operations(1)
Income from discontinued operations before income taxes		-			42
Gain on disposition of discontinued operations		-			667
Income taxes		-			265
Income from discontinued operations		-			444
Net Income (Loss)	$	(67	)	$	3,558
Net Income (Loss) Applicable to Common Stockholders	$	(98	)	$	3,550
Basic Earnings Per Common Share:
Income (loss) from continuing operations	$	(0.11	)	$	3.27
Income from discontinued operations		-			0.47
Net Income (Loss)		(0.11	)		3.74
Diluted Earnings Per Common Share:
Income (loss) from continuing operations	$	(0.12	)	$	3.18
Income from discontinued operations		-			0.46
Net Income (Loss)		(0.12	)		3.64
Dividends declared per common share		2.21			2.06
Basic weighted average number of common shares outstanding (in thousands)		864,004			948,371
Diluted weighted average number of common shares outstanding (in thousands)		866,183			975,406

(1) Represents WM Advisors, Inc., the Company's retail mutual fund management business, which was sold in the fourth quarter of 2006.

WM - 4

Washington Mutual, Inc.
Consolidated Statements of Financial Condition
(dollars in millions)
(unaudited)
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
	2007			2007			2007			2007			2006
Assets
Cash and cash equivalents	$	9,560		$	11,370		$	4,167		$	4,047		$	6,948
Federal funds sold and securities purchased under agreements to resell		1,877			4,042			3,267			8,279			3,743
Trading assets		2,768			3,797			5,534			5,290			4,434
Available-for-sale securities, total amortized cost of $27,789, $28,725,
$28,934, $22,921, and $25,073:
Mortgage-backed securities		19,249			20,562			20,393			16,543			18,601
Investment securities		8,291			7,844			7,947			6,296			6,377
Total available-for-sale securities		27,540			28,406			28,340			22,839			24,978
Loans held for sale		5,403			7,586			19,327			26,874			44,970
Loans held in portfolio		244,386			237,132			214,994			217,021			224,960
Allowance for loan losses		(2,571	)		(1,889	)		(1,560	)		(1,540	)		(1,630	)
Loans held in portfolio, net		241,815			235,243			213,434			215,481			223,330
Investment in Federal Home Loan Banks		3,351			2,808			1,596			2,230			2,705
Mortgage servicing rights		6,278			6,794			7,231			6,507			6,193
Goodwill		7,287			9,062			9,056			9,052			9,050
Other assets		22,034			21,002			20,267			19,386			19,937
Total assets	$	327,913		$	330,110		$	312,219		$	319,985		$	346,288
Liabilities
Deposits:
Noninterest-bearing deposits	$	30,389		$	31,341		$	33,557		$	34,367		$	33,386
Interest-bearing deposits		151,537			162,939			167,823			175,842			180,570
Total deposits		181,926			194,280			201,380			210,209			213,956
Federal funds purchased and commercial paper		2,003			2,482			3,390			563			4,778
Securities sold under agreements to repurchase		4,148			4,732			9,357			8,323			11,953
Advances from Federal Home Loan Banks		63,852			52,530			21,412			24,735			44,297
Other borrowings		38,958			40,887			40,313			39,430			32,852
Other liabilities		8,523			8,313			9,212			9,694			9,035
Minority interests		3,919			2,945			2,945			2,453			2,448
Total liabilities		303,329			306,169			288,009			295,407			319,319
Stockholders' equity
Preferred stock		3,392			492			492			492			492
Capital surplus - common stock		2,630			2,575			2,715			3,121			5,825
Accumulated other comprehensive loss		(359	)		(390	)		(568	)		(268	)		(287	)
Retained earnings		18,921			21,264			21,571			21,233			20,939
Total stockholders' equity		24,584			23,941			24,210			24,578			26,969
Total liabilities and stockholders' equity	$	327,913		$	330,110		$	312,219		$	319,985		$	346,288

WM - 5

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,				Dec. 31,
	2007			2007			2007			2007				2006
Stockholders' Equity Rollforward
Balance, beginning of period	$	23,941		$	24,210		$	24,578		$	26,969			$	26,458
Net income (loss)		(1,867	)		186			830			784				1,058
Cumulative effect from the adoption of new accounting pronouncements		-			-			-			(6	)	(1)		(157	)	(2)
Other comprehensive income (loss), net of income taxes		31			177			(300	)		19				50
Cash dividends declared on common stock		(482	)		(485	)		(484	)		(476	)			(496	)
Cash dividends declared on preferred stock		(8	)		(8	)		(8	)		(7	)			(8	)
Cash dividends returned(3)		15			-			-			-				-
Common stock repurchased and retired(4)		-			(199	)		(500	)		(2,797	)			-
Common stock issued		54			60			94			92				64
Preferred stock issued		2,900			-			-			-				-
Balance, end of period	$	24,584		$	23,941		$	24,210		$	24,578			$	26,969

(1)	As of January 1, 2007, the Company adopted FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes.
(2)	On December 31, 2006, the Company adopted Statement of Financial Accounting Standards ("Statement") No. 158, Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans.  Statement No. 158 requires an entity to recognize the overfunded or underfunded status of its defined benefit postretirement plans as an asset or liability in its statement of financial condition and to recognize changes, through comprehensive income, in that funded status in the year in which the changes occur.  The cumulative effects, net of income taxes, resulted in a $274 million decrease to December 31, 2006 other assets and a $117 million decrease to December 31, 2006 other liabilities.
(3)	Represents accumulated dividends on shares returned from escrow.
(4)	The Company repurchased zero, 7.2 million, 13.5 million,  61.4 million and 1.7 million shares of its common stock during the three months ended December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006.  At December 31, 2007, the total remaining common stock repurchase authority was 47.5 million shares.

WM - 6

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended															Year Ended
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,			Dec. 31,			Dec. 31,
	2007			2007			2007			2007			2006			2007			2006
RETAIL BANKING GROUP
Condensed income statement:
Net interest income	$	1,261		$	1,306		$	1,291		$	1,284		$	1,247		$	5,142		$	5,201
Provision for loan losses		663			318			91			62			47			1,134			167
Noninterest income		850			833			820			751			774			3,254			2,914
Inter-segment revenue		5			9			16			18			15			48			58
Noninterest expense		1,215			1,150			1,132			1,070			1,098			4,567			4,364
Income from continuing operations before income taxes		238			680			904			921			891			2,743			3,642
Income taxes		(40	)		224			339			346			340			869			1,392
Income from continuing operations		278			456			565			575			551			1,874			2,250
Income from discontinued operations		-			-			-			-			12			-			38
Net income	$	278		$	456		$	565		$	575		$	563		$	1,874		$	2,288
Performance and other data:
Efficiency ratio		57.40	%		53.53	%		53.24	%		52.13	%		53.95	%		54.09	%		53.39	%
Average loans	$	145,486		$	147,357		$	149,716		$	155,206		$	172,013		$	149,409		$	177,401
Average assets		155,103			157,196			159,518			165,047			182,240			159,184			187,735
Average deposits:
Checking deposits:
Noninterest bearing		22,748			22,860			23,107			22,331			21,873			22,763			21,274
Interest bearing		26,328			28,406			30,282			31,739			33,010			29,169			36,391
Total checking deposits		49,076			51,266			53,389			54,070			54,883			51,932			57,665
Savings and money market deposits		44,623			43,524			43,814			43,103			41,442			43,769			38,843
Time deposits		49,034			50,131			48,049			46,857			47,188			48,532			43,836
Average deposits		142,733			144,921			145,252			144,030			143,513			144,233			140,344
Loan volume		3,417			5,172			5,760			4,576			4,154			18,926			20,354
Employees at end of period		28,784			28,263			28,131			27,837			27,629			28,784			27,629
CARD SERVICES GROUP
Managed basis(1)
Condensed income statement:
Net interest income	$	694		$	674		$	649		$	641		$	652		$	2,659		$	2,496
Provision for loan losses		591			611			523			388			555			2,113			1,647
Noninterest income		315			400			393			474			451			1,581			1,528
Noninterest expense		338			364			306			329			318			1,337			1,205
Income before income taxes		80			99			213			398			230			790			1,172
Income taxes		(12	)		33			80			149			88			250			448
Net income	$	92		$	66		$	133		$	249		$	142		$	540		$	724
Performance and other data:
Efficiency ratio		33.51	%		33.91	%		29.33	%		29.51	%		28.83	%		31.53	%		29.96	%
Average loans	$	26,665		$	25,718		$	24,234		$	23,604		$	22,875		$	25,066		$	21,294
Average assets		28,961			28,206			26,762			26,039			25,472			27,502			23,888
Employees at end of period		2,860			2,878			2,827			2,579			2,611			2,860			2,611
Securitization adjustments
Condensed income statement:
Net interest income	$	(454	)	$	(456	)	$	(459	)	$	(414	)	$	(437	)	$	(1,783	)	$	(1,686	)
Provision for loan losses		(335	)		(288	)		(294	)		(282	)		(280	)		(1,200	)		(943	)
Noninterest income		119			168			165			132			157			583			743
Performance and other data:
Average loans		(16,007	)		(14,488	)		(13,888	)		(12,507	)		(12,811	)		(14,233	)		(12,165	)
Average assets		(14,180	)		(12,841	)		(12,287	)		(10,961	)		(11,035	)		(12,577	)		(10,337	)
Adjusted basis
Condensed income statement:
Net interest income	$	240		$	218		$	190		$	227		$	215		$	876		$	810
Provision for loan losses		256			323			229			106			275			913			704
Noninterest income		434			568			558			606			608			2,164			2,271
Noninterest expense		338			364			306			329			318			1,337			1,205
Income before income taxes		80			99			213			398			230			790			1,172
Income taxes		(12	)		33			80			149			88			250			448
Net income	$	92		$	66		$	133		$	249		$	142		$	540		$	724
Performance and other data:
Average loans	$	10,658		$	11,230		$	10,346		$	11,097		$	10,064		$	10,833		$	9,129
Average assets		14,781			15,365			14,475			15,078			14,437			14,925			13,551

(This table is continued on "WM-7.")

(1) The managed basis presentation treats securitized and sold credit card receivables as if they were still on the balance sheet. The Company uses this basis in assessing the overall performance of this operating segment. The managed basis presentation of the Card Services Group is derived by adjusting the GAAP financial information to add back securitized loan balances and the related interest, fee income and provision for credit losses.  Such adjustments are eliminated as securitization adjustments when reporting GAAP results.

WM - 7

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended															Year Ended
(This table is continued from "WM-6.")	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,			Dec. 31,			Dec. 31,
	2007			2007			2007			2007			2006			2007			2006
COMMERCIAL GROUP
Condensed income statement:
Net interest income	$	200		$	200		$	208		$	211		$	201		$	820		$	719
Provision for loan losses		19			12			2			(10	)		(70	)		24			(82	)
Noninterest income		(10	)		(34	)		63			15			41			35			99
Noninterest expense		66			67			74			74			73			282			259
Income before income taxes		105			87			195			162			239			549			641
Income taxes		11			29			73			61			91			174			245
Net income	$	94		$	58		$	122		$	101		$	148		$	375		$	396
Performance and other data:
Efficiency ratio		34.49	%		40.26	%		27.42	%		32.85	%		30.18	%		32.93	%		31.68	%
Average loans	$	40,129		$	38,333		$	38,789		$	38,641		$	37,552		$	38,975		$	33,230
Average assets		42,333			40,661			41,181			41,001			40,216			41,296			35,565
Average deposits		9,762			13,816			15,294			12,028			12,189			12,722			10,364
Loan volume		4,800			4,054			4,348			3,671			4,019			16,873			12,854
Employees at end of period		1,406			1,426			1,409			1,356			1,416			1,406			1,416
HOME LOANS GROUP
Condensed income statement:
Net interest income	$	230		$	191		$	211		$	244		$	270		$	878		$	1,165
Provision for loan losses		511			323			101			49			47			985			189
Noninterest income		329			183			389			161			125			1,061			1,296
Inter-segment expense		5			9			16			18			15			48			58
Noninterest expense		2,319			553			547			521			533			3,939			2,295
Loss before income taxes		(2,276	)		(511	)		(64	)		(183	)		(200	)		(3,033	)		(81	)
Income taxes		(312	)		(169	)		(24	)		(69	)		(76	)		(573	)		(31	)
Net loss	$	(1,964	)	$	(342	)	$	(40	)	$	(114	)	$	(124	)	$	(2,460	)	$	(50	)
Performance and other data:
Efficiency ratio		418.90	%		151.23	%		93.54	%		134.57	%		140.22	%		208.33	%		95.48	%
Average loans	$	52,278		$	43,737		$	43,312		$	53,254		$	51,048		$	48,131		$	47,586
Average assets		66,130			61,068			60,314			71,367			71,503			64,695			72,772
Average deposits		6,714			7,780			8,372			8,501			11,208			7,836			11,535
Loan volume		19,089			26,434			35,938			33,780			37,532			115,241			171,569
Employees at end of period		11,323			12,162			12,661			12,947			12,934			11,323			12,934
CORPORATE SUPPORT/TREASURY AND OTHER
Condensed income statement:
Net interest income (expense)	$	(18	)	$	(39	)	$	(4	)	$	(22	)	$	(69	)	$	(86	)	$	(304	)
Provision for loan losses		85			(9	)		(51	)		27			45			51			(162	)
Noninterest income		(201	)		(91	)		60			94			152			(137	)		303
Noninterest expense		228			57			79			111			235			475			684
Minority interest expense		65			53			42			43			34			203			105
Loss from continuing operations before income taxes		(597	)		(231	)		(14	)		(109	)		(231	)		(952	)		(628	)
Income taxes		(156	)		(46	)		(36	)		(69	)		(102	)		(308	)		(296	)
Income (loss) from continuing operations		(441	)		(185	)		22			(40	)		(129	)		(644	)		(332	)
Income from discontinued operations		-			-			-			-			406			-			406
Net income (loss)	$	(441	)	$	(185	)	$	22		$	(40	)	$	277		$	(644	)	$	74
Performance and other data:
Average loans	$	1,482		$	1,420		$	1,367		$	1,345		$	1,310		$	1,403		$	1,126
Average assets		48,215			47,570			41,817			40,891			46,233			44,651			40,722
Average deposits		26,427			32,132			37,847			46,205			47,891			35,589			41,586
Loan volume		171			113			72			107			144			462			308
Employees at end of period		5,030			5,019			4,961			4,974			5,234			5,030			5,234

(This table is continued on "WM-8.")

WM - 8

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended															Year Ended
(This table is continued from "WM-7.")	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,			Dec. 31,			Dec. 31,
	2007			2007			2007			2007			2006			2007			2006
RECONCILING ADJUSTMENTS
Condensed income statement:
Net interest income(1)	$	134		$	138		$	138		$	137		$	134		$	547		$	530
Noninterest income (expense)(2)		(37	)		(80	)		(132	)		(86	)		(108	)		(335	)		(506	)
Income before income taxes		97			58			6			51			26			212			24
Income taxes(3)		23			(75	)		(22	)		38			(26	)		(36	)		(102	)
Net income	$	74		$	133		$	28		$	13		$	52		$	248		$	126
Performance and other data:
Average loans(4)	$	(1,286	)	$	(1,385	)	$	(1,301	)	$	(1,479	)	$	(1,573	)	$	(1,362	)	$	(1,587	)
Average assets(4)		(1,286	)		(1,385	)		(1,301	)		(1,479	)		(1,573	)		(1,362	)		(1,587	)
TOTAL CONSOLIDATED
Condensed income statement:
Net interest income	$	2,047		$	2,014		$	2,034		$	2,081		$	1,998		$	8,177		$	8,121
Provision for loan losses		1,534			967			372			234			344			3,107			816
Noninterest income		1,365			1,379			1,758			1,541			1,592			6,042			6,377
Noninterest expense		4,166			2,191			2,138			2,105			2,257			10,600			8,807
Minority interest expense		65			53			42			43			34			203			105
Income (loss) from continuing operations before income taxes		(2,353	)		182			1,240			1,240			955			309			4,770
Income taxes		(486	)		(4	)		410			456			315			376			1,656
Income (loss) from continuing operations		(1,867	)		186			830			784			640			(67	)		3,114
Income from discontinued operations		-			-			-			-			418			-			444
Net income (loss)	$	(1,867	)	$	186		$	830		$	784		$	1,058		$	(67	)	$	3,558
Performance and other data:
Efficiency ratio		122.13	%		64.55	%		56.38	%		58.13	%		62.87	%		74.55	%		60.75	%
Average loans	$	248,747		$	240,692		$	242,229		$	258,064		$	270,414		$	247,389		$	266,885
Average assets		325,276			320,475			316,004			331,905			353,056			323,389			348,758
Average deposits		185,636			198,649			206,765			210,764			214,801			200,380			203,829
Loan volume		27,477			35,773			46,118			42,134			45,849			151,502			205,085
Employees at end of period		49,403			49,748			49,989			49,693			49,824			49,403			49,824

(1)	Represents the difference between mortgage loan premium amortization recorded by the Retail Banking Group and the amount recognized in the Company's Consolidated Statements of Income.  For management reporting purposes, certain mortgage loans that are held in portfolio by the Retail Banking Group are treated as if they are purchased from the Home Loans Group.  Since the cost basis of these loans includes an assumed profit factor paid to the Home Loans Group, the amortization of loan premiums recorded by the Retail Banking Group reflects this assumed profit factor and must therefore be eliminated as a reconciling adjustment.
(2)	Represents the difference between gain from mortgage loans recorded by the Home Loans Group and gain from mortgage loans recognized in the Company's Consolidated Statements of Income.
(3)	Represents the tax effect of reconciling adjustments.
(4)	Represents the inter-segment offset for inter-segment loan premiums that the Retail Banking Group recognized upon transfer of portfolio loans from the Home Loans Group.

WM - 9

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended
	Dec. 31, 2007							Sept. 30, 2007							Dec. 31, 2006
						Interest							Interest							Interest
						Income/							Income/							Income/
	Balance		Rate			Expense		Balance		Rate			Expense		Balance		Rate			Expense
Average Balances and Weighted Average Interest Rates
Assets
Interest-earning assets(1):
Federal funds sold and securities purchased under
agreements to resell	$	1,673		4.65	%	$	20	$	4,349		5.43	%	$	60	$	5,597		5.33	%	$	76
Trading assets		3,114		12.89			101		4,509		9.54			108		4,855		8.39			102
Available-for-sale securities(2):
Mortgage-backed securities		20,104		5.47			275		20,815		5.60			291		22,176		5.60			311
Investment securities		8,029		5.22			105		7,721		5.21			101		6,437		5.04			81
Loans held for sale		7,057		8.99			160		13,344		7.41			248		31,149		6.59			515
Loans held in portfolio:
Loans secured by real estate:
Home loans(3)(4)		108,496		6.58			1,785		97,398		6.48			1,579		114,645		6.04			1,729
Home equity loans and lines of credit(4)		60,135		7.15			1,083		57,469		7.56			1,094		52,850		7.54			1,004
Subprime mortgage channel(5)		19,341		6.38			309		20,405		6.63			338		20,982		6.81			357
Home construction(6)		2,136		6.99			37		2,056		6.90			35		2,060		6.62			34
Multi-family		31,331		6.54			513		30,058		6.63			498		30,348		6.52			494
Other real estate		8,969		6.89			155		7,418		6.99			131		6,732		6.88			118
Total loans secured by real estate		230,408		6.72			3,882		214,804		6.83			3,675		227,617		6.55			3,736
Consumer:
Credit card		9,134		9.76			225		10,332		10.28			268		9,597		11.28			273
Other		213		15.77			8		233		14.83			8		280		12.54			9
Commercial		1,935		8.47			41		1,979		8.25			41		1,771		7.72			35
Total loans held in portfolio		241,690		6.86			4,156		227,348		7.01			3,992		239,265		6.76			4,053
Other		6,321		3.74			59		5,177		4.33			56		5,305		5.35			72
Total interest-earning assets		287,988		6.76			4,876		283,263		6.84			4,856		314,784		6.60			5,210
Noninterest-earning assets:
Mortgage servicing rights		6,472							6,901							6,230
Goodwill		8,907							9,056							9,011
Other assets		21,909							21,255							23,031
Total assets	$	325,276						$	320,475						$	353,056
Liabilities
Interest-bearing liabilities:
Deposits:
Interest-bearing checking deposits	$	26,425		2.15			143	$	28,492		2.36			169	$	33,098		2.78			232
Savings and money market deposits		54,622		3.14			432		57,377		3.32			480		53,314		3.34			449
Time deposits		73,741		4.78			889		80,719		4.92			1,001		93,415		4.90			1,162
Total interest-bearing deposits		154,788		3.75			1,464		166,588		3.93			1,650		179,827		4.05			1,843
Federal funds purchased and commercial paper		3,385		4.96			42		2,991		5.40			41		6,781		5.40			93
Securities sold under agreements to repurchase		4,273		4.80			52		8,617		5.34			116		12,177		5.43			169
Advances from Federal Home Loan Banks		56,146		5.13			726		34,128		5.39			464		46,005		5.31			625
Other		39,268		5.52			545		40,567		5.60			571		34,420		5.54			482
Total interest-bearing liabilities		257,860		4.36			2,829		252,891		4.46			2,842		279,210		4.53			3,212
Noninterest-bearing sources:
Noninterest-bearing deposits		30,848							32,061							34,974
Other liabilities		8,956							8,584							10,111
Minority interests		3,665							2,945							2,061
Stockholders' equity		23,947							23,994							26,700
Total liabilities and stockholders' equity	$	325,276						$	320,475						$	353,056
Net interest spread and net interest income				2.40		$	2,047				2.38		$	2,014				2.07		$	1,998
Impact of noninterest-bearing sources				0.45							0.48							0.51
Net interest margin				2.85							2.86							2.58

(1)	Nonaccrual assets and related income, if any, are included in their respective categories.
(2)	The average balance and yield are based on average amortized cost balances.
(3)	Capitalized interest recognized in earnings that resulted from negative amortization within the Option ARM portfolio totaled $364 million, $345 million and $333 million for the three months ended December 31, 2007, September 30, 2007 and December 31, 2006.
(4)	Excludes home loans and home equity loans and lines of credit in the subprime mortgage channel.
(5)	Represents mortgage loans purchased from recognized subprime lenders and mortgage loans originated under the Long Beach Mortgage name and held in the investment portfolio.
(6)	Represents loans to builders for the purpose of financing the acquisition, development and construction of single-family residences for sale and construction loans made directly to the intended occupant of a single-family residence.

WM - 10

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Year Ended
	Dec. 31, 2007							Dec. 31, 2006
						Interest							Interest
						Income/							Income/
	Balance		Rate			Expense		Balance		Rate			Expense
Average Balances and Weighted Average Interest Rates
Assets
Interest-earning assets(1):
Federal funds sold and securities purchased under
agreements to resell	$	3,475		5.31	%	$	184	$	4,718		5.20	%	$	245
Trading assets		4,546		9.45			430		7,829		7.74			606
Available-for-sale securities(2):
Mortgage-backed securities		19,647		5.49			1,078		21,534		5.41			1,165
Investment securities		7,334		5.13			377		5,992		4.92			295
Loans held for sale		20,421		6.81			1,391		27,791		6.50			1,807
Loans held in portfolio:
Loans secured by real estate:
Home loans(3)(4)		98,547		6.49			6,396		120,320		5.83			7,011
Home equity loans and lines of credit(4)		56,285		7.46			4,197		52,265		7.33			3,833
Subprime mortgage channel(5)		20,125		6.62			1,333		20,202		6.31			1,275
Home construction(6)		2,074		6.79			141		2,061		6.46			133
Multi-family		30,162		6.59			1,988		27,386		6.28			1,721
Other real estate		7,504		6.98			524		5,797		6.93			402
Total loans secured by real estate		214,697		6.79			14,579		228,031		6.30			14,375
Consumer:
Credit card		10,113		10.55			1,067		8,733		11.19			977
Other		242		13.90			34		444		11.12			50
Commercial		1,916		8.10			155		1,886		6.94			131
Total loans held in portfolio		226,968		6.98			15,835		239,094		6.50			15,533
Other		4,275		4.53			194		5,220		4.90			256
Total interest-earning assets		286,666		6.80			19,489		312,178		6.38			19,907
Noninterest-earning assets:
Mortgage servicing rights		6,616							7,667
Goodwill		9,018							8,489
Other assets		21,089							20,424
Total assets	$	323,389						$	348,758
Liabilities
Interest-bearing liabilities:
Deposits:
Interest-bearing checking deposits	$	29,261		2.42			709	$	36,477		2.63			960
Savings and money market deposits		56,459		3.27			1,846		48,866		2.96			1,446
Time deposits		82,551		4.91			4,055		84,106		4.59			3,857
Total interest-bearing deposits		168,271		3.93			6,610		169,449		3.70			6,263
Federal funds purchased and commercial paper		3,096		5.30			164		7,347		5.06			371
Securities sold under agreements to repurchase		8,330		5.32			443		15,257		5.12			781
Advances from Federal Home Loan Banks		37,144		5.28			1,963		56,619		4.99			2,828
Other		38,157		5.59			2,132		28,796		5.36			1,543
Total interest-bearing liabilities		254,998		4.44			11,312		277,468		4.25			11,786
Noninterest-bearing sources:
Noninterest-bearing deposits		32,109							34,380
Other liabilities		9,155							8,865
Minority interests		2,933							1,639
Stockholders' equity		24,194							26,406
Total liabilities and stockholders' equity	$	323,389						$	348,758
Net interest spread and net interest income				2.36		$	8,177				2.13		$	8,121
Impact of noninterest-bearing sources				0.49							0.47
Net interest margin				2.85							2.60

(1)	Nonaccrual assets and related income, if any, are included in their respective categories.
(2)	The average balance and yield are based on average amortized cost balances.
(3)	Capitalized interest recognized in earnings that resulted from negative amortization within the Option ARM portfolio totaled $1.41 billion and $1.07 billion for the years ended December 31, 2007 and December 31, 2006.
(4)	Excludes home loans and home equity loans and lines of credit in the subprime mortgage channel.
(5)	Represents mortgage loans purchased from recognized subprime lenders and mortgage loans originated under the Long Beach Mortgage name and held in the investment portfolio.
(6)	Represents loans to builders for the purpose of financing the acquisition, development and construction of single-family residences for sale and construction loans made directly to the intended occupant of a single-family residence.

WM - 11

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Change from
	Sept. 30, 2007			Dec. 31,		Sept. 30,		June 30,		Mar. 31,		Dec. 31,
	to Dec. 31, 2007			2007		2007		2007		2007		2006
Deposits
Retail deposits:
Checking deposits:
Noninterest bearing	$	(245	)	$	23,476	$	23,721	$	24,142	$	24,400	$	22,838
Interest bearing		(1,564	)		25,713		27,277		29,592		31,523		32,723
Total checking deposits		(1,809	)		49,189		50,998		53,734		55,923		55,561
Savings and money market deposits		1,627			44,987		43,360		43,617		44,058		41,943
Time deposits(1)		(1,330	)		49,410		50,740		48,140		47,262		46,821
Total retail deposits		(1,512	)		143,586		145,098		145,491		147,243		144,325
Commercial business and other deposits		(5,269	)		11,267		16,536		19,186		17,741		15,175
Brokered deposits:
Consumer		605			18,089		17,484		17,153		18,995		22,299
Institutional		(5,592	)		2,515		8,107		11,025		17,256		22,339
Custodial and escrow deposits(2)		(586	)		6,469		7,055		8,525		8,974		9,818
Total deposits	$	(12,354	)	$	181,926	$	194,280	$	201,380	$	210,209	$	213,956

(1)	Weighted average remaining maturity of time deposits was 7 months at December 31, 2007 and at September 30, 2007, 8 months at June 30, 2007 and 9 months at March 31, 2007 and December 31, 2006.
(2)	Substantially all custodial and escrow deposits reside in noninterest-bearing checking accounts.

	Dec. 31,		Sept. 30,		June 30,		Mar. 31,		Dec. 31,
	2007		2007		2007		2007		2006
Retail Deposit Accounts(number of accounts)
Noninterest-bearing checking		10,960,270		10,824,548		10,449,887		9,983,313		9,611,706
Interest-bearing checking		1,273,673		1,334,902		1,399,203		1,459,534		1,503,365
Savings and money market		7,118,349		7,087,311		6,936,870		6,708,784		6,525,772
Total transaction accounts, end of period(1)		19,352,292		19,246,761		18,785,960		18,151,631		17,640,843
Net change in noninterest-bearing checking accounts		135,722		374,661		466,574		371,607		208,634
Net change in checking accounts		74,493		310,360		406,243		327,776		179,784

(1) Transaction accounts include retail checking, small business checking, retail savings and small business savings.

	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
	2007			2007			2007			2007			2006
Retail Banking Stores
Stores, beginning of period		2,212			2,235			2,228			2,225			2,225
Stores opened during the quarter		50			10			11			6			81		(1)
Stores closed during the quarter		(5	)		(33	)		(4	)		(3	)		(81	)
Stores, end of period		2,257			2,212			2,235			2,228			2,225

(1) Includes 26 retail banking stores acquired through the merger with Commercial Capital Bancorp.

WM - 12

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended
	Dec. 31,		Sept. 30,		June 30,		Mar. 31,		Dec. 31,
	2007		2007		2007		2007		2006
Loan Volume
Home loans:
Short-term adjustable-rate loans(1):
Option ARMs	$	2,372	$	5,865	$	7,888	$	7,777	$	9,487
Other ARMs		10		111		22		36		13
Total short-term adjustable-rate loans		2,382		5,976		7,910		7,813		9,500
Medium-term adjustable-rate loans(2)		7,545		10,177		14,953		13,567		17,323
Fixed-rate loans		7,382		6,176		8,172		8,824		7,351
Total home loan volume		17,309		22,329		31,035		30,204		34,174
Home equity loans and lines of credit		4,619		8,544		9,988		7,600		6,944
Home construction(3)		378		483		426		298		298
Multi-family		3,412		2,856		3,067		2,663		2,977
Other real estate		1,487		1,285		1,246		1,080		1,182
Total loans secured by real estate(4)		27,205		35,497		45,762		41,845		45,575
Commercial		272		276		356		289		274
Total loan volume	$	27,477	$	35,773	$	46,118	$	42,134	$	45,849
Loan Volume by Channel
Retail	$	17,341	$	21,223	$	24,707	$	21,171	$	22,417
Wholesale		9,536		13,387		17,020		14,746		16,834
Purchased		600		1,163		4,391		6,217		6,398
Correspondent		-		-		-		-		200
Total loan volume by channel	$	27,477	$	35,773	$	46,118	$	42,134	$	45,849
Refinancing Activity(5)
Home loan refinancing	$	12,297	$	14,722	$	22,637	$	22,552	$	25,060
Home equity loans and lines of credit		46		143		157		550		599
Home construction loans		30		30		20		12		2
Multi-family and other real estate		1,436		1,225		1,378		1,131		1,254
Total refinancing	$	13,809	$	16,120	$	24,192	$	24,245	$	26,915

(1)	Short-term adjustable-rate loans reprice within one year.
(2)	Medium-term adjustable-rate loans reprice after one year.
(3)	Represents loans to builders for the purpose of financing the acquisition, development and construction of single-family residences for sale and construction loans made directly to the intended occupant of a single-family residence.
(4)	Includes mortgage loans purchased from recognized subprime lenders and mortgage loans originated under the Long Beach Mortgage name of $22 million, $483 million, $2.45 billion, $3.48 billion and $6.07 billion for the three months ended December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006.
(5)	Includes loan refinancing entered into by both new and pre-existing loan customers.

WM - 13

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Year Ended
	Dec. 31,		Dec. 31,
	2007		2006
Loan Volume
Home loans:
Short-term adjustable-rate loans(1):
Option ARMs	$	23,902	$	42,594
Other ARMs		180		3,384
Total short-term adjustable-rate loans		24,082		45,978
Medium-term adjustable-rate loans(2)		46,242		64,936
Fixed-rate loans		30,554		47,469
Total home loan volume		100,878		158,383
Home equity loans and lines of credit		30,752		31,037
Home construction(3)		1,584		1,481
Multi-family		11,997		9,428
Other real estate		5,097		3,668
Total loans secured by real estate(4)		150,308		203,997
Commercial		1,194		1,088
Total loan volume	$	151,502	$	205,085
Loan Volume by Channel
Retail	$	84,442	$	89,688
Wholesale		54,690		64,501
Purchased		12,370		37,310
Correspondent		-		13,586
Total loan volume by channel	$	151,502	$	205,085
Refinancing Activity(5)
Home loan refinancing	$	72,209	$	102,589
Home equity loans and lines of credit		897		1,665
Home construction loans		91		39
Multi-family and other real estate		5,169		3,590
Total refinancing	$	78,366	$	107,883

(1)	Short-term adjustable-rate loans reprice within one year.
(2)	Medium-term adjustable-rate loans reprice after one year.
(3)	Represents loans to builders for the purpose of financing the acquisition, development and construction of single-family residences for sale and construction loans made directly to the intended occupant of a single-family residence.
(4)	Includes mortgage loans purchased from recognized subprime lenders and mortgage loans originated under the Long Beach Mortgage name of  $6.44 billion and $30.76 billion for the years ended December 31, 2007 and December 31, 2006.
(5)	Includes loan refinancing entered into by both new and pre-existing loan customers.

WM - 14

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Change from
	Sept. 30, 2007			Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
	to Dec. 31, 2007			2007			2007			2007			2007			2006
Loans Held in Portfolio
Loans secured by real estate:
Home:
Short-term adjustable-rate loans(1):
Option ARMs(2)	$	(877	)	$	56,969		$	57,846		$	53,455		$	58,130		$	63,557
Other ARMs		753			16,231			15,478			13,538			13,501			15,091
Total short-term adjustable-rate loans		(124	)		73,200			73,324			66,993			71,631			78,648
Medium-term adjustable-rate loans(3)		3,266			41,274			38,008			29,647			29,924			29,774
Fixed-rate loans		192			12,005			11,813			9,505			9,506			9,782
Total home loans		3,334			126,479			123,145			106,145			111,061			118,204
Home equity loans and lines of credit		1,657			63,488			61,831			58,631			56,123			54,924
Home construction(4)		116			2,226			2,110			2,058			2,071			2,082
Multi-family		923			31,754			30,831			29,290			29,515			30,161
Other real estate		1,189			9,524			8,335			6,879			6,728			6,745
Total loans secured by real estate(5)		7,219			233,471			226,252			203,003			205,498			212,116
Consumer:
Credit card		40			8,831			8,791			9,913			9,490			10,861
Other		(19	)		205			224			243			261			276
Commercial		14			1,879			1,865			1,835			1,772			1,707
Total loans held in portfolio(6)		7,254			244,386			237,132			214,994			217,021			224,960
Less: allowance for loan losses		(682	)		(2,571	)		(1,889	)		(1,560	)		(1,540	)		(1,630	)
Total loans held in portfolio, net	$	6,572		$	241,815		$	235,243		$	213,434		$	215,481		$	223,330

(1)	Short-term adjustable-rate loans reprice within one year.
(2)	The total amount by which the unpaid principal balance of Option ARM loans exceeded their original principal amount was $1.73 billion, $1.50 billion, $1.30 billion, $1.12 billion and $888 million at December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006.
(3)	Medium-term adjustable-rate loans reprice after one year.
(4)	Represents loans to builders for the purpose of financing the acquisition, development and construction of single-family residences for sale and construction loans made directly to the intended occupant of a single-family residence.
(5)	Includes subprime mortgage channel loans, comprising mortgage loans purchased from recognized subprime lenders and mortgage loans originated under the Long Beach Mortgage name and held in the investment portfolio as follows:

Subprime Mortgage Channel	Dec. 31,		Sept. 30,		June 30,		Mar. 31,		Dec. 31,
	2007		2007		2007		2007		2006
Home loans	$	16,092	$	17,285	$	17,602	$	17,610	$	18,725
Home equity loans and lines of credit		2,525		2,711		2,855		2,749		2,042
Total	$	18,617	$	19,996	$	20,457	$	20,359	$	20,767

(6) Includes net unamortized deferred loan costs of $1.45 billion, $1.44 billion, $1.58 billion, $1.71 billion and $1.88 billion at December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006.

WM - 15

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
						Weighted					Weighted					Weighted
	Change from					Average					Average					Average
	Sept. 30, 2007			Dec. 31,		Coupon			Sept. 30,		Coupon			Dec. 31,		Coupon
	to Dec. 31, 2007			2007		Rate			2007		Rate			2006		Rate
Selected Loans Secured by Real Estate
Home loans held in portfolio:
Short-term adjustable-rate loans(1):
Option ARMs	$	(877	)	$	56,969		7.69	%	$	57,846		7.61	%	$	63,557		7.44	%
Other ARMs		753			16,231		6.99			15,478		7.19			15,091		7.17
Total short-term adjustable-rate loans		(124	)		73,200		7.54			73,324		7.52			78,648		7.39
Medium-term adjustable-rate loans(2)		3,266			41,274		6.45			38,008		6.33			29,774		5.77
Fixed-rate loans		192			12,005		6.75			11,813		6.74			9,782		6.65
Total home loans held in portfolio		3,334			126,479		7.11			123,145		7.09			118,204		6.92
Home equity loans and lines of credit:
Adjustable-rate		2,124			53,099		7.52			50,975		7.94			44,685		8.21
Fixed-rate		(467	)		10,389		7.72			10,856		7.75			10,239		7.29
Total home equity loans and lines of credit		1,657			63,488		7.55			61,831		7.91			54,924		8.04
Multi-family loans held in portfolio:
Short-term adjustable-rate loans(1):
Option ARMs		(787	)		6,294		7.12			7,081		7.25			9,164		7.18
Other ARMs		(269	)		8,110		6.40			8,379		6.53			7,473		7.12
Total short-term adjustable-rate loans		(1,056	)		14,404		6.71			15,460		6.86			16,637		7.15
Medium-term adjustable-rate loans(2)		1,943			15,451		6.14			13,508		6.12			11,757		5.68
Fixed-rate loans		36			1,899		6.28			1,863		6.31			1,767		6.44
Total multi-family loans held in portfolio		923			31,754		6.41			30,831		6.50			30,161		6.54
Total selected loans held in portfolio secured by real estate(3)		5,914			221,721		7.13			215,807		7.24			203,289		7.17
Loans held for sale(4)		(1,854	)		4,373		6.12			6,227		6.36			44,724		6.32
Total selected loans secured by real estate	$	4,060		$	226,094		7.12		$	222,034		7.21		$	248,013		7.01

(1)	Short-term adjustable-rate loans reprice within one year.
(2)	Medium-term adjustable-rate loans reprice after one year.
(3)	At December 31, 2007, September 30, 2007 and December 31, 2006, adjustable-rate loans with lifetime caps were $182.12 billion, $175.21 billion and $169.60 billion with a lifetime weighted average cap rate of 12.49%, 12.44% and 12.29%.
(4)	Excludes credit card and student loans.

	Sept. 30, 2007			Dec. 31, 2006
	to Dec. 31, 2007			to Dec. 31, 2007
Rollforward of Loans Held for Sale
Balance, beginning of period	$	7,586		$	44,970
Mortgage loans originated, purchased and transferred from held in portfolio		9,424			83,372
Mortgage loans transferred to held in portfolio		(577	)		(20,255	)
Mortgage loans sold and other(1)		(10,700	)		(103,468	)
Net change in consumer loans held for sale		(330	)		784
Balance, end of period	$	5,403		$	5,403
Rollforward of Home Loans Held in Portfolio
Balance, beginning of period	$	123,145		$	118,204
Loans originated, purchased and transferred from held for sale		8,644			44,656
Loan payments, transferred to held for sale and other		(5,310	)		(36,381	)
Balance, end of period	$	126,479		$	126,479

(1) The unpaid principal balance ("UPB") of home loans sold was $8.35 billion and $92.93 billion for the three and twelve months ended December 31, 2007.

WM - 16

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended
Detail of Revenue from Sales and Servicing of Home Mortgage Loans	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
	2007			2007			2007			2007			2006
Gain (loss) from home mortgage loans and originated mortgage-backed securities,  net of hedging and risk management instruments(1):
Gain (loss) from home mortgage loans and originated mortgage-backed securities	$	7		$	(169	)	$	66		$	149		$	64
Revaluation gain (loss) from derivatives economically hedging loans held for sale		(12	)		(53	)		126			(54	)		91
Gain (loss) from home mortgage loans and originated mortgage-backed securities,
net of hedging and risk management instruments		(5	)		(222	)		192			95			155
Home mortgage loan servicing revenue:
Home mortgage loan servicing revenue(2)		490			516			526			514			497
Change in MSR fair value due to payments on loans and other		(255	)		(351	)		(401	)		(356	)		(375	)
Net mortgage loan servicing revenue		235			165			125			158			122
Change in MSR fair value due to valuation inputs or assumptions		(390	)		(201	)		530			(96	)		(80	)
Revaluation gain (loss) from derivatives economically hedging MSR		518			419			(547	)		(32	)		(33	)
Home mortgage loan servicing revenue, net of  MSR valuation
changes and derivative risk management instruments		363			383			108			30			9
Total revenue from sales and servicing of home mortgage loans	$	358		$	161		$	300		$	125		$	164

	Year Ended
Detail of Revenue from Sales and Servicing of Home Mortgage Loans	Dec. 31,			Dec. 31,
	2007			2006
Gain from home mortgage loans and originated mortgage-backed securities,  net of hedging and risk management instruments(1):
Gain from home mortgage loans and originated mortgage-backed securities	$	52		$	626
Revaluation gain from derivatives economically hedging loans held for sale		7			109
Gain from home mortgage loans and originated mortgage-backed securities,
net of hedging and risk management instruments		59			735
Home mortgage loan servicing revenue:
Home mortgage loan servicing revenue(2)		2,047			2,181
Change in MSR fair value due to payments on loans and other		(1,363	)		(1,654	)
Net mortgage loan servicing revenue		684			527
Change in MSR fair value due to valuation inputs or assumptions		(157	)		299
Revaluation gain (loss) from derivatives economically hedging MSR		358			(636	)
Adjustment to MSR fair value for MSR sale		-			(157	)
Home mortgage loan servicing revenue, net of  MSR valuation
changes and derivative risk management instruments		885			33
Total revenue from sales and servicing of home mortgage loans	$	944		$	768

(1)	Originated mortgage-backed securities represent available-for-sale securities retained on the balance sheet subsequent to the securitization of mortgage loans that were originated by the Company.
(2)	Includes contractually specified servicing fees (net of guarantee fees paid to government housing-sponsored enterprises, where applicable), late charges and loan pool expenses (the shortfall of the scheduled interest required to be remitted to investors and that which is collected from borrowers upon payoff).

WM - 17

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
	2007			2007			2007			2007			2006
MSR Valuation and Risk Management:
Change in MSR fair value due to valuation inputs or assumptions	$	(390	)	$	(201	)	$	530		$	(96	)	$	(80	)
Gain (loss) on MSR risk management instruments:
Revaluation gain (loss) from derivatives		518			419			(547	)		(32	)		(33	)
Revaluation gain (loss) from certain trading securities		-			4			(4	)		4			(5	)
Total gain (loss) on MSR risk management instruments		518			423			(551	)		(28	)		(38	)
Total changes in MSR valuation and risk management	$	128		$	222		$	(21	)	$	(124	)	$	(118	)

	Year Ended
	Dec. 31,			Dec. 31,
	2007			2006
MSR Valuation and Risk Management(1):
Change in MSR fair value due to valuation inputs or assumptions	$	(157	)	$	299
Gain (loss) on MSR risk management instruments:
Revaluation gain (loss) from derivatives		358			(636	)
Revaluation gain (loss) from certain trading securities		4			(55	)
Loss from certain available-for-sale securities		-			(1	)
Total gain (loss) on MSR risk management instruments		362			(692	)
Total changes in MSR valuation and risk management	$	205		$	(393	)

(1) Excludes $157 million downward adjustment to MSR fair value recognized in the year ended December 31, 2006.

WM - 18

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended
		Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
		2007			2007			2007			2007			2006
Rollforward of Mortgage Servicing Rights(1)
Balance, beginning of period		$	6,794		$	7,231		$	6,507		$	6,193		$	6,288
Home loans:
Additions			127			116			592			760			357
Change in MSR fair value due to payments on loans and other			(255	)		(351	)		(401	)		(356	)		(375	)
Change in MSR fair value due to valuation inputs or
assumptions			(390	)		(201	)		530			(96	)		(80	)
Sale of MSR			-			-			-			-			1
Net change in commercial real estate MSR			2			(1	)		3			6			2
Balance, end of period		$	6,278		$	6,794		$	7,231		$	6,507		$	6,193
Rollforward of Mortgage Loans Serviced for Others
Balance, beginning of period		$	463,436		$	474,867		$	467,782		$	444,696		$	439,208
Home loans:
Additions			7,814			8,700			29,949			44,550			25,833
Loan payments and other			(15,739	)		(20,716	)		(24,213	)		(22,469	)		(20,744	)
Net change in commercial real estate loans			973			585			1,349			1,005			399
Balance, end of period		$	456,484		$	463,436		$	474,867		$	467,782		$	444,696
		Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
		2007			2007			2007			2007			2006
Total Servicing Portfolio
Mortgage loans serviced for others		$	456,484		$	463,436		$	474,867		$	467,782		$	444,696
Consumer loans serviced for others			17,379			16,078			14,745			13,645			12,415
Servicing on retained MBS without MSR			942			980			1,023			1,082			1,140
Servicing on owned loans			238,344			232,392			218,122			226,217			251,766
Subservicing portfolio			399			418			439			465			84,797
Total servicing portfolio		$	713,548		$	713,304		$	709,196		$	709,191		$	794,814

	December 31, 2007
	Unpaid		Weighted
	Principal		Average
	Balance		Servicing Fee
			(in basis points,
Mortgage Loans Serviced for Others by Loan Type			annualized)
Agency	$	249,259		31
Private		176,989		57
Subprime mortgage channel-home		30,236		51
Total mortgage loans serviced for others(2)	$	456,484		42

(1)	MSR as a percentage of mortgage loans serviced for others was 1.38%, 1.47%, 1.52%, 1.39% and 1.39% at December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006.
(2)	Weighted average coupon rate was 6.31% at December 31, 2007.

WM - 19

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Quarter Ended
		Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
		2007			2007			2007			2007			2006
Allowance for Loan Losses
Balance, beginning of quarter		$	1,889		$	1,560		$	1,540		$	1,630		$	1,550
Allowance transferred to loans held for sale			(105	)		(217	)		(81	)		(148	)		(158	)
Allowance acquired through business combinations/other			-			-			-			7			30
Provision for loan losses			1,534			967			372			234			344
			3,318			2,310			1,831			1,723			1,766
Loans charged off:
Loans secured by real estate:
Home loans(1)			(105	)		(52	)		(21	)		(35	)		(16	)
Home equity loans and lines of credit(1)			(249	)		(104	)		(55	)		(29	)		(13	)
Subprime mortgage channel(2)			(277	)		(146	)		(103	)		(40	)		(52	)
Home construction(3)			-			-			(1	)		-			(4	)
Multi-family			(4	)		-			-			-			-
Other real estate			(1	)		(1	)		(1	)		-			(1	)
Total loans secured by real estate			(636	)		(303	)		(181	)		(104	)		(86	)
Consumer:
Credit card			(126	)		(120	)		(106	)		(96	)		(68	)
Other			(2	)		(2	)		(2	)		(3	)		(3	)
Commercial			(32	)		(20	)		(15	)		(9	)		(9	)
Total loans charged off			(796	)		(445	)		(304	)		(212	)		(166	)
Recoveries of loans previously charged off:
Loans secured by real estate:
Home loans(1)			4			1			1			1			-
Home equity loans and lines of credit(1)			4			3			3			3			2
Subprime mortgage channel(2)			4			1			11			1			4
Home construction(3)			2			-			-			-			-
Other real estate			2			2			-			-			-
Total loans secured by real estate			16			7			15			5			6
Consumer:
Credit card			31			14			15			16			18
Other			-			-			-			6			3
Commercial			2			3			3			2			3
Total recoveries of loans previously charged off			49			24			33			29			30
Net charge-offs			(747	)		(421	)		(271	)		(183	)		(136	)
Balance, end of quarter		$	2,571		$	1,889		$	1,560		$	1,540		$	1,630
Net charge-offs (annualized) as a percentage
of average loans held in portfolio			1.24	%		0.74	%		0.50	%		0.33	%		0.23	%
Allowance as a percentage of loans held in portfolio			1.05			0.80			0.73			0.71			0.72

(1)	Excludes home loans and home equity loans and lines of credit in the subprime mortgage channel.
(2)	Represents mortgage loans purchased from recognized subprime lenders and mortgage loans originated under the Long Beach Mortgage name and held in the investment portfolio.  Charge-offs in the second quarter of 2007 include $26 million of amounts primarily related to uncollected borrower expenses incurred in prior periods by and owed to a third party loan servicer.
(3)	Represents loans to builders for the purpose of financing the acquisition, development and construction of single-family residences for sale and construction loans made directly to the intended occupant of a single-family residence.

WM - 20

Washington Mutual, Inc.
Selected Financial Information
(dollars in millions)
(unaudited)
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
	2007			2007			2007			2007			2006
Nonperforming Assets
Nonaccrual loans(1)(2):
Loans secured by real estate:
Home loans(3)	$	2,302		$	1,452		$	991		$	690		$	640
Home equity loans and lines of credit(3)		835			533			378			297			231
Subprime mortgage channel(4)		2,721			2,356			1,707			1,503			1,283
Home construction(5)		56			44			47			41			27
Multi-family		131			120			69			60			46
Other real estate		53			49			52			52			51
Total nonaccrual loans secured by real estate		6,098			4,554			3,244			2,643			2,278
Consumer		1			1			1			1			1
Commercial		24			22			30			28			16
Total nonaccrual loans held in portfolio		6,123			4,577			3,275			2,672			2,295
Foreclosed assets(6)		979			874			750			587			480
Total nonperforming assets(7)	$	7,102		$	5,451		$	4,025		$	3,259		$	2,775
Total nonperforming assets
as a percentage of total assets		2.17	%		1.65	%		1.29	%		1.02	%		0.80	%

(1)	Nonaccrual loans held for sale, which are excluded from the nonaccrual balances presented above, were $4 million, $7 million, $171 million, $195 million and $185 million at December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006.  Loans held for sale are accounted for at lower of aggregate cost or fair value, with valuation changes included as adjustments to noninterest income.
(2)	Credit card loans are exempt under regulatory rules from being classified as nonaccrual because they are charged off when they are determined to be uncollectible, or by the end of the month in which the account becomes 180 days past due.
(3)	Excludes home loans and home equity loans and lines of credit in the subprime mortgage channel.
(4)	Represents mortgage loans purchased from recognized subprime lenders and mortgage loans originated under the Long Beach Mortgage name and held in the investment portfolio.
(5)	Represents loans to builders for the purpose of financing the acquisition, development and construction of single-family residences for sale and construction loans made directly to the intended occupant of a single-family residence.
(6)	Foreclosed real estate securing Government National Mortgage Association (“GNMA”) loans of $37 million, $46 million, $49 million, $72 million and $99 million at December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006 have been excluded.  These assets are fully collectible as the corresponding GNMA loans are insured by the Federal Housing Administration (“FHA”) or guaranteed by the Department of Veterans Affairs (“VA”).
(7)	Excludes accruing restructured loans of $251 million, $287 million, $285 million, $355 million and $330 million at December 31, 2007, September 30, 2007, June 30, 2007, March 31, 2007 and December 31, 2006.