SEATTLE - Washington Mutual Savings Bank said it has become the first banking institution based in the Pacific Northwest to originate more than $3 billion in residential first-mortgage loans in a single year.

The thrift company said it is the No. 1 home lender in Washington state, with 9.2% of the first-mortgage market, and a leading lender in the Portland, Ore., area, with a 6.4% share.

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