1 Articles match "Balance","Sales","Wachovia"

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Wachovia Changes The Lending Game
Wachovia Changes The Lending Game By Peter G. Miller     With assets of more than $800 billion, Wachovia is the nation’s fourth-largest banking institution . By every measure Wachovia is an important part of the lending community, so when it does something new or different in the mortgage arena the impact can be significant. Like many lenders, Wachovia has announced that it’s getting out of the option-ARM business, what it calls Pick-A-Pay mortgages. More significantly — and unlike Wachovia’s competitors — it’s
www.realtytrac.com - Tuesday, February 3, 2009
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  • Wachovia Changes The Lending Game
    Wachovia Changes The Lending Game By Peter G. Miller     With assets of more than $800 billion, Wachovia is the nation’s fourth-largest banking institution . By every measure Wachovia is an important part of the lending community, so when it does something new or different in the mortgage arena the impact can be significant. Like many lenders, Wachovia has announced that it’s getting out of the option-ARM business, what it calls Pick-A-Pay mortgages. More significantly — and unlike Wachovia’s competitors — it’s
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE