WACHOVIA MORTGAGE LOANS NEWS & INFORMATION
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Friday, November 21, 2008
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LATEST WACHOVIA MORTGAGE LOANS NEWS:
Justice Department, SEC investigating mortgage lending practices at Wachovia, reports say
NEW YORK (AP) - The Department of Justice and the Securities and Exchange Commission are investigating the mortgage lending practices of Wachovia Corp., according to media reports Thursday. Prosecutors, SEC probe Wachovia on Golden West loans (By Karen Gullo, Bloomberg News) U.S. prosecutors and the Securities and Exchange Commission have opened an investigation into whether Wachovia Corp. misled borrowers and investors, San Francisco U.S. Attorney Joseph Russoniello said. Prosecutors are examining whether Golden West Financial, acquired by Wachovia in 2006, fraudulently lured borrowers into mortgages, such as by switching them into ... Fitch Affirms Wachovia Bank Series 2003-C9; Assigns Outlooks CHICAGO----Fitch Ratings affirms and assigns Rating Outlooks to Wachovia Bank Commercial Mortgage Trust's commercial mortgage pass-through certificates, series 2003-9, as follows: Wachovia, Golden West Loans Probed by U.S. Prosecutor (Update1) Nov. 19 (Bloomberg) -- U.S. prosecutors and the Securities and Exchange Commission opened an investigation into whether Wachovia Corp. misled borrowers and investors, San Francisco U.S. Attorney Joseph Russoniello said. Wachovia, Golden West Investigated by Prosecutors, Regulators Nov. 20 (Bloomberg) -- U.S. prosecutors and the Securities and Exchange Commission are investigating Wachovia Corp. 's mortgage lending and disclosures to investors, U.S. Attorney Joseph Russoniello said. Wachovia's Ben Williams to leave (By Christina Rexrode, crexrode@charlotteobserver.com) Ben Williams, once a rising star in Wachovia Corp.'s investment bank, will leave after the Charlotte bank is bought by Wells Fargo & Co., according to internal bank memos circulated Friday. Williams, a 24-year Wachovia veteran, is the head of global markets and investment banking. Though Williams has helped build up the Charlotte ... Wachovia's Ben Williams to leave Ben Williams, once a rising star in Wachovia Corp.'s investment bank, will leave after the Charlotte bank is bought by Wells Fargo & Co., according to internal bank memos circulated Friday. Williams, a 24-year Wachovia veteran, is the head of global markets and investment banking. Though Williams has helped build up the Charlotte bank, he's also presided over the unit that dealt in ... |







