1 Articles match "Maine","Origination","Removal"

The Latest from RealtyTrac MORE
Wachovia Changes The Lending Game
Additionally, for all new loan originations, Wachovia is discontinuing offering products that include payment options resulting in negative amortization.” “This is one of the most-enlightened decisions by a major lender in the past 18 months,” says James J. Yes, the company is giving up potential penalty income but the bigger issue is this: It’s better and cheaper for Wachovia to have loans refinanced and removed from its books than to have loans fail. Wachovia Changes The Lending Game By Peter G. Miller     With assets of more
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
  • The Best from RealtyTrac MORE
  • Wachovia Changes The Lending Game
    Additionally, for all new loan originations, Wachovia is discontinuing offering products that include payment options resulting in negative amortization.” “This is one of the most-enlightened decisions by a major lender in the past 18 months,” says James J. Yes, the company is giving up potential penalty income but the bigger issue is this: It’s better and cheaper for Wachovia to have loans refinanced and removed from its books than to have loans fail. Wachovia Changes The Lending Game By Peter G. Miller     With assets of more
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE