Ads
related to: wachovia complaints mortgage- Home Equity Rates
Everything you need to know
An in-depth look from our experts
- Compare Mortgage Rates
Get the best lenders to request
your rate from, updated daily
- Zero Down Payment
Read our expert's take on the most
important factors for you to know
- First Time Buyer Guide
We've gathered all the information
you'll need to make your decision
- Home Equity Rates
Search results
Results From The WOW.Com Content Network
Investors alleged that these loans were made to subprime borrowers, many of whom defaulted, which ultimately led to a massive impairment of the bank's mortgage portfolio, and alleged that Wachovia's offering documents materially misstated and failed to disclose the true nature and quality of Wachovia's mortgage loan portfolio, which exposed the ...
Wachovia was a diversified financial services company based in Charlotte, North Carolina.Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. [3]
Wachovia: Westcorp Inc. (holding company for WFS Financial Inc and Western Financial Bank) Wachovia: $3.91 Billion [36] Wells Fargo: 2006 NewAlliance Bank: Cornerstone Bank NewAlliance Bank: NewAlliance Bank: 2006 Capital One Financial Corporation: North Fork Bank: Capital One Financial Corporation: $13.2 Billion [37] Capital One Financial ...
In 2006, Wachovia (formerly First Union) sold The Money Store name to MLD Mortgage, Inc. There's no direct connection to the old West Sacramento-based company, but a veteran executive of the old company operates it. Morton Dear, chief financial officer of original The Money Store, is the founder and chairman of the new incarnation. [1]
The crash of subprime mortgages, which made up most of World Savings' nearly $200 billion mortgage portfolio, put significant strain on Wachovia and eventually caused its collapse. On July 1, 2009, Wachovia Securities was renamed Wells Fargo Advisors and Wells Fargo Investments, which included the former A.G. Edwards business lines.
Ownit Mortgage Solutions Chapter 11 bankruptcy and liquidation Mortgage lender January 29, 2007: American Freedom Mortgage: Chapter 11 bankruptcy and liquidation Mortgage lender February 21, 2007: First Merchant Bank: withdrawal of the concession Offshore bank [1] April 2, 2007: New Century: Chapter 11 bankruptcy and liquidation Mortgage lender ...