Search for: "Wachovia Home Mortgage" Results 1 - 20 of 115
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9 Oct 2009, 7:12 am
Wachovia's slow start is a serious problem for borrowers like Bell, who has an option ARM mortgage (called Pick-A-Pay by the lender) on his San Diego County home. [read post]
2 Jul 2008, 5:06 pm
Wachovia Corporation announced this week that it is taking a number of actions to help its mortgage customers deal declining home values and other challenges in today's economy. [read post]
29 Sep 2008, 7:39 am
"Pick-a-pay"But Wachovia also holds more than $122 billion in so-called Pick-A-Pay or Option ARM mortgages, as of July 22. [read post]
31 Aug 2011, 9:14 am
The loans were collateralized by homes that were significantly overvalued. [read post]
17 Sep 2008, 11:30 pm
  The details are sketchy and Wachovia has its own exposure to the mortgage crisis. [read post]
17 Apr 2007, 1:03 pm
"High court backs Wachovia in mortgage oversight case": MarketWatch provides this report. [read post]
7 Oct 2010, 7:03 am by On the Net
  Wells Fargo has agreed to provide more than $150 million in mortgage relief to homeowners who obtained the adjustable-rate loans through Wachovia Corp. and Golden West Corp. [read post]
26 Jul 2011, 4:29 pm
The National Credit Union Administration has filed a $629 million securities fraud lawsuit against RBS Securities, Wachovia Mortgage Loan Trust LLC, Nomura Home Equity Loan Inc., Greenwich Capital Acceptance Inc., Lares Asset Securitization Inc., IndyMac MBS Inc., and American Home Mortgage Assets LLC. [read post]
6 Oct 2008, 2:16 pm
  Some say the magnitude of losses Wachovia will have to take due to mortgage defaults is grossly overstated, so the FDIC might not have to backstop anything. [read post]
4 Oct 2011, 8:22 am
Mudd, told investors that the Company had approximately $3 trillion dollars at risk in residential home mortgages, but that the Company only had reserves of approximately $41 billion. [read post]
28 Jan 2009, 5:51 am
  In particular the Fed foreclosure prevention policy contemplates priority write-downs for mortgages that exceed 125% of current home values. [read post]
10 Jun 2019, 2:05 pm by Aaron Rubin
  On June 3, the Federal Housing Finance Agency (FHFA), as conservator for the Federal Home Loan Mortgage Corporation (Freddie Mac), filed a lawsuit in the United States District Court for the Southern District of New York against Wells Fargo Securities, LLC (Wells Fargo) (as successor to Wachovia Capital Markets, LLC (Wachovia)), alleging a violation of Section 11 of the Securities Act. [read post]
12 Oct 2009, 12:47 pm
Figures for lenders with more than 70,000 potentially eligible borrowers: Saxon Mortgage Services 41% CitiMortgage 33% Aurora Loan Services 33% JP Morgan Chase 27% GMAC Mortgage 26% Wells Fargo 20% Bank of America 11% OneWest Bank 5% Wachovia Mortgage 3% Litton Loan Servicing 2% American Home Mortgage Servicing Background on the Making Home Affordable program, including monthly lender data from July and August, is available on the… [read post]
30 Aug 2009, 8:54 pm
According to the allegations underlying the class action complaint, defendants acted as closing agent when plaintiffs refinanced home loans that they had with Wachovia Bank, id., at 208. [read post]
9 Apr 2010, 7:55 am by Joe Consumer
Once upon a time, Michigan regulators tried to oversee a Wachovia-owned mortgage business that had recently become a wholly-owned subsidiary of the nationally chartered bank, Wachovia. [read post]
5 Aug 2011, 12:55 pm by Luke Green
The statements related to the quality of assets linked to the mortgage portfolio of Golden West Financial, a California home lender it had acquired. [read post]
5 Apr 2012, 9:20 am by Ryan Blay
Wigod was working with her servicer, Wells Fargo Home Mortgage, and had entered into a Trial Period under the government’s Home Affordable Modification Program. [read post]