Search for: "WACHOVIA MORTGAGE"
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11 Jul 2008, 4:32 pm
In recent months, the following firms, among others, have taken action to bolster their affiliated money market funds: Legg Mason, Credit Suisse, Bank of America, SunTrust, Morgan Stanley, Lehman Brothers, and Wachovia. [read post]
9 Jul 2008, 8:20 pm
Updated: Wachovia has announced that it has picked Robert K. [read post]
9 Jul 2008, 2:16 pm
The economy is still in the midst of a mortgage and credit crisis. [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]
20 Jun 2008, 7:33 pm
Wachovia, Evergreen's parent, will reportedly provide financing for the liquidation. [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
Such reassurances were repeated by defendants throughout the Class Period in order to artificially support Wachovia's stock price in the midst of a weakening mortgage market. [read post]
5 Jun 2008, 5:18 pm
S&P expects sharp deterioration in residential mortgage loan portfolios as well as residential construction. [read post]
28 May 2008, 2:23 pm
Other regional banks in the construction and home improvement loan market such as Wachovia, Fifth Third Bankcorp, and RegionsFinancial, could be similarly affected. [read post]
13 May 2008, 4:32 pm
Wachovia and the OCC have now settled the case. [read post]
12 May 2008, 9:19 am
" In a class action against three mortgage lenders, a Missouri jury ordered defendants Residential Funding Company LLC, Household Finance Corporation III and Wachovia Equity Servicing LLC to pay $5.1 million in compensatory damages and $99,000,000.00 in punitive damages. [read post]
29 Apr 2008, 11:10 am
Morgan Stanley recommended "underweighting" banks with greater exposure to mortgages (Wells Fargo and Wachovia) and Citigroup because of its exposure to risky assets relative to its equity. [read post]
14 Apr 2008, 9:02 am
Other financial firms that may face CtW campaigns against board members at their annual meetings include Wachovia (April 22), Bank of America (April 23), and Merrill Lynch (April 24). [read post]
14 Apr 2008, 4:00 am
Wachovia’s move was prompted by mounting housing losses and an ill-timed acquisition of big California mortgage lender Golden West Financial. [read post]
14 Apr 2008, 1:16 am
But as the global credit crisis shows, those models failed to keep many major U.S. and foreign financial firms from making bad bets on mortgages. [read post]
30 Mar 2008, 8:30 am
Then he talked about his overture to Wachovia. [read post]
18 Mar 2008, 11:48 am
Wachovia's analysis was surprising because recent speculation had been that Lehman Brothers was the brokerage firm on the shakiest ground due to its mortgage and fixed income exposure. [read post]
13 Mar 2008, 9:28 am
Citigroup, Merrill Lynch, Bank of America, Washington Mutual, and Wachovia will then follow in quick succession. [read post]
2 Feb 2008, 8:22 am
And it can have consequences: In September, 2003, when Rathavongsa tried to close on a $274,650 mortgage for a new house, his would-be lender, Wachovia (WB ), said he would either have to pay Capital One or show proof from the credit-card company that the debt had been discharged. [read post]
3 Jan 2008, 5:20 am
Joining other real-estate related debtors (mortgage lenders, builders, developers), Oakwood Homes, LLC, filed a Chapter 7 petition in the Northern District of Georgia on December 28, 2007. [read post]
