Search for: "Wachovia Mortgage Corporation"
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7 Sep 2011, 1:23 am
The recent settlements include the largest so far in subprime and credit crisis-related cases, the $627 million Wachovia bondholders settlement, about which refer here. [read post]
6 Sep 2011, 1:56 am
The recent settlements in subprime and credit crisis-related cases included the largest subprime securities lawsuit settlement so far, the $627 million Wachovia bondholders settlement, about which refer here. [read post]
11 Aug 2011, 1:02 am
In the latest eye-popping subprime-related securities class action lawsuit settlement, the parties to the National City Corporation securities class action lawsuit have agreed to settle the case for $168 million. [read post]
8 Aug 2011, 1:49 am
The plaintiffs’ claims related to the financial disintegration that Wachovia experience between its 2006 purchase of Golden West Financial Corporation and Wells Fargo’s 2008 acquisition of Wachovia. [read post]
8 Aug 2011, 1:49 am
The plaintiffs’ claims related to the financial disintegration that Wachovia experience between its 2006 purchase of Golden West Financial Corporation and Wells Fargo’s 2008 acquisition of Wachovia. [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]
18 May 2011, 10:00 am
The indictment further alleges that in November 2006, Sneijder sought a $675,000 loan from Wachovia Bank using as collateral 1325 Independence Avenue SE, which was already encumbered with the Wells Fargo home equity line of credit and the First Savings Mortgage Corporation loan. [read post]
5 Apr 2011, 2:06 am
Wachovia/Wells Fargo: On March 31, 2011, Southern District of New York Judge Richard Sullivan issued his rulings on the motions to dismiss in the consolidated securities litigation that had been filed on behalf former equity shareholders and bondholders of Wachovia Corporation. [read post]
23 Mar 2011, 4:59 am
eDiscovery News Content and Considerations Agent’s Spoliation Results in Serious Sanctions – http://tinyurl.com/4k7ct6u (K&L Gates) Another “Fox Guarding the Hen House” Case Shows the Dangers of Self-Collection - http://tinyurl.com/4kvo7mx (Ralph Losey) Bad Faith or Culpability ‘May Not Mean Evil Intent, May Simply Signify Responsibility and Control – http://tinyurl.com/4as7vsw (K&L Gates) Calendar Snafu Leads to Default Entered Against Wachovia… [read post]
7 Mar 2011, 12:17 pm
The same is true in all other cases, including pending cases against the issuers and underwriters or FannieMae, FreddieMac, American Home Mortgage, and the countless issues of the preferred and debt securities of Wachovia, Merrill Lynch, Morgan Stanley, and others, including Charles Schwab (YieldPlus). [read post]
6 Jan 2011, 11:07 am
To be eligible, the borrower must have a residential payment-option adjustable rate mortgage (“POA”) originated by Wachovia Corporation (“Wachovia”) and Golden West Corporation (“Golden West”). [read post]
9 Nov 2010, 9:18 pm
So, here’s the story and the legal long and short of it… The plaintiff, Kaveh Khast, apparently bought a home in La Jolla, California in April of 2006 and took out a mortgage with WaMu. [read post]
30 Oct 2010, 11:19 pm
Wells Fargo Bank, Gabriel and Shawna DeLeon purchased a home in San Benito County secured by a mortgage from World Savings Bank that later became Wachovia Mortgage (and later merged with Wells Fargo Bank). [read post]
7 Oct 2010, 7:03 am
” Here’s the text of Arizona Attorney General Terry Goddard’s press release: Oct. 6, 2010) Attorney General Terry Goddard today announced a multi-state agreement with Wells Fargo Bank (“Wells Fargo”) over allegedly deceptive marketing of payment option adjustable rate mortgage loans (“POAs”) by two companies it acquired: Wachovia Corporation (“Wachovia”) and Golden West Corporation… [read post]
23 Aug 2010, 7:44 pm
Wachovia ruling). [read post]
12 Aug 2010, 8:46 am
., a regional bank based in Atlanta, to woo corporate customers. [read post]
11 Aug 2010, 8:02 am
Wells Fargo acquired Wachovia, the biggest bank on the East Coast, when Wachovia was on the verge of collapse in late 2008. [read post]
6 May 2010, 4:59 pm
(as successor to Wachovia Bank, N.A.). [read post]
15 Apr 2010, 10:38 am
The National Law Journal reports that when the mortgage market dried up in 2007, Wachovia invoked the "material adverse change" clause in the deal's contract and backed out of the loan. [read post]
12 Apr 2010, 5:11 pm
Wachovia/Wells Fargo has halted its reconstruction efforts pending a determination regarding its foreclosure rights. [read post]
