NEW YORK — Washington Mutual Inc, the largest U.S. savings and loan, said today it received a $7 billion capital injection from private equity firm TPG Inc and other investors. The thrift also said it expects to report a first-quarter loss of $1.1 billion, or $1.40 per share. It expects to set aside $3.5 billion in the quarter for loan losses, nearly twice as much as it previously projected, and said net charge-offs will total $1.4 billion. Separately, the Seattle-based thrift set plans to reduce its mortgage operations by closing all its freestanding home loan offices, and to stop offering home loans through brokers. For the full story visit http://www.latimes.com/business/la-fi-wamu9apr09,1,5388882.story
