Search for: "Wachovia Home Mortgage"
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20 Mar 2009, 5:16 am
As a result, today they have balance sheets loaded up with lousy mortgage securities and loans to the like of Citi, WaMU, Countrywide and Wachovia. [read post]
17 Feb 2009, 3:01 pm
As recently as 1996 there was only one female CEO of a Fortune 500 company, co-CEO Marion Sandler of Golden West Financial, acquired by Wachovia in 2006, in the news recently because of its high level of mortgage defaults. [read post]
2 Feb 2009, 1:20 am
The Journal article reports that more than 55% of borrowers with Option ARMs owe more than the current value of their homes. [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]
19 Jan 2009, 5:19 am
Wachovia, the Supreme Court ruled that bank-owned mortgage lenders were no longer subject to more rigorous state licensing and consumer protections laws. [read post]
3 Jan 2009, 7:34 am
• Wells Fargo announced that it completed its purchase of Wachovia. [read post]
29 Nov 2008, 2:40 pm
Federal Home Loan Mortgage Company. [read post]
5 Nov 2008, 8:27 am
Aguirre's loss will probably mean the end of the city's bad-mortgage lawsuits against Countrywide, Wachovia and Washington Mutual since Goldsmith has promised a more restrained approach to running the office. [read post]
24 Oct 2008, 9:28 pm
• Credit Suisse wrote-down $2.06 billion on mortgage securities and buyout loans in the third quarter. [read post]
16 Oct 2008, 1:00 pm
Aguirre, meanwhile, has sued two more mortgage lenders, Wachovia and Washington Mutual in hopes, he said, of enticing them to provide similar help to troubled borrowers. [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]
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]
17 Sep 2008, 11:30 pm
The details are sketchy and Wachovia has its own exposure to the mortgage crisis. [read post]
12 Sep 2008, 8:26 pm
• Wachovia Corp., the fourth largest U.S. bank has announced it will attempt to cut expenses in 2009 by $1.5 billion. [read post]
12 Aug 2008, 2:43 pm
Among those on my radar are Wachovia (15:49), Washington Mutual (16:52), and Och-Ziff (16:54). [read post]
28 Jul 2008, 2:56 pm
Perimeter Mortgage Funding originated mortgage loans and sold them to larger lenders, including to Fannie Mae, Freddie Mac, Colonial Bank, JP Morgan Chase, Wachovia and Washington Mutual. [read post]
21 Jul 2008, 2:41 pm
Countrywide, which was the largest U.S. mortgage lender, was targeted by labor funds late last year, but it didn't hold a regular 2008 meeting. [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]
12 Jun 2008, 11:04 pm
According to the press release, the defendants allegedly violated their duties to participants in the Wachovia Savings Plan by “continuing to invest in and hold Wachovia stock despite the fact that they knew or should have known that Wachovia was not properly reporting its financial condition and was not disclosing significant problems which had the effect of inflating the value of Company stock. [read post]
10 Jun 2008, 3:25 am
As unattractive as this position is, it can get worse when the interest rate adjusts upwards, leaving the borrower in a position of paying even more to stay in a home that is worth less than the mortgage debt. [read post]
