Search for: "Wachovia Mortgage Corporation"
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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]
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]
20 Sep 2011, 9:40 am
Wachovia Mortgage Corporation, --- Cal.Rptr.3d ----, 2011 WL 3659938 (Cal.App. 4 Dist. 2011) Authored by: Alejandro E. [read post]
29 Sep 2008, 7:39 am
Wachovia Corporation will continue to own the retail brokerage firm AG Edwards and the money management arm Evergreen. [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]
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]
6 Dec 2011, 3:27 am
The settlement relates to litigation brought by former equity shareholders and bondholders of Wachovia Corporation. [read post]
6 Oct 2008, 2:16 pm
FDIC stands for "Federal Deposit INSURANCE Corporation. [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]
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]
4 Oct 2011, 8:22 am
Hamsher was accused of making false statements in connection with the sale of the Federal National Mortgage Association or andquot;Fannie Maeandquot; (andquot;FNMAandquot;) and the Federal Home Loan Mortgage corporation or andquot;Freddie Macandquot; (andquot;FMCCandquot;), and falsely represented that these preferred securities were andquot;bonds,andquot; and that upon maturity, the customers would recover their initial investment. [read post]
10 Jun 2019, 2:05 pm
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]
3 Jul 2009, 1:40 pm
" Per FINRA, reasons Wachovia Securities did not give prospective customers the required prospectuses included: • Business units' failure to report to the proper department that prospectus delivery was required • Coding errors • Failure to supervise and monitor outside vendors under contract to deliver prospectuses… [read post]
20 Jun 2008, 7:33 pm
On June 19, Evergreen Investments, a subsidiary of Wachovia Corporation, announced that it was liquidating the Evergreen Ultra Short Opportunities Fund (EUBAX). [read post]
13 Jan 2014, 7:46 am
Seven defendants have been charged with running an alleged mortgage fraud scheme which resulted in the approval of approximately $49.6 million in fraudulent loans, and millions in losses to the lenders, including Bank of America, Regions Bank, SunTrust Bank, and Wachovia Bank. [read post]
17 Apr 2007, 1:45 pm
Wachovia case:1. [read post]
5 Oct 2011, 3:17 pm
Edwards & Sons, Inc. and its successor firms, Wachovia Securities, LLC and Wells Fargo Advisors, LLC. [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]
1 Dec 2011, 6:39 am
Wachoiva Mortgage Corporation financed these eight loans for about $2.5 million. [read post]
