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Wachovia Mortgage Profile
Last Updated Thursday, January 17, 2013 12:39 PM Texas Time


W&W Deal Done
Wells Fargo & Co. has closed on its acquisition of Wachovia Corp. The move potentially creates a new No. 1 mortgage lender. Meanwhile, Bank of America Corp. completed its own acquisition.


Company Name:

Wachovia Mortgage Corp.


Parent:

Wachovia Corp.


Related Companies:


World Savings Bank


Stock Symbol:


WB

Headquarters Address:

1525 West W.T. Harris Blvd
Charlotte, NC. 28288


Number of Employees:


122,100 as of Dec. 31, 2008 (total company)


Web site:

http://www.Wachovia.com


Chairman of the Board:


Lanty Smith (Wachovia Corp.)


President & CEO


Robert K. Steel (Wachovia Corp.)


President:


David Pope (Wachovia Mortgage Corp.)


Chief Financial Officer


David K. Zwiener


Residential Production:


$39.7 billion 2008 (through Sept. 30)

$87.4 billion 2007

$69.8 billion 2006

$58.2 billion 2005

$45.4 billion 2004

$53.6 billion 2003


Mortgage Servicing Portfolio:


$271.0 billion as of Dec. 31, 2008


Commercial Mortgage Servicing Portfolio:


76,375 loans for $434.3 billion as of June 30, 2008


Balance Sheet Residential Mortgages:


$224.9 billion as of Sept. 30, 2008


Balance Sheet Commercial Mortgages:


$70 billion as of Dec. 31, 2008

Latest news about Wachovia Mortgage:

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Another New Low for COFI - Index off 2 BPS in April | May 30, 2014 | Mortgage...
Savings, which was acquired by Wachovia Corp. Those loans are now owned by Wells Fargo & Co. following its 2008 acquisition of Wachovia. However, a far more utilized ARM index is
www.mortgagedaily.com/stories/Cofi053014.asp
 
MBS Recoveries Reduce Credit Union Assessments - No further assessments expected...
Fargo & Co.-subsidiary Wachovia Capital Markets LLC. Barclays Capital Inc. ... Bank of Scotland , UBS, Goldman Sachs , Wachovia and Residential Funding Securities LLC , -- were
www.mortgagedaily.com/SettlementChase021314.asp
 
9 Lawsuits Filed Over Faulty MBS - Credit union failures blamed on MBS...
Stanley sold $416 million of the MBS. Goldman Sachs , Wachovia and Residential Funding Securities, LLC , ... Federal Credit Union, Plaintiff, v. WACHOVIA CAPITAL MARKETS, LLC, n/k/
www.mortgagedaily.com/LawsuitsNcua092413.asp
 
Bexil Mortgage Acquires Southeast Lender - Merger adds agency approvals | Jan. 10,...
Wachovia Securities and subsequently stopped lending. When Bexil was launched, it indicated that it was seeking acquisitions. On Thursday, such a transaction was announced. Bexil
www.mortgagedaily.com/MergerBexilCastle011013.asp
 
Lenders Battle Over Loan Titles - Recent litigation involving challenges to...
NATIONAL BANK ASSOCIATION AS SUCCESSOR IN INTEREST TO WACHOVIA CUSTODIAN FOR SASS MUNI V DTR, ... ASSOCIATION, AS SUCCESSOR IN INTEREST TO WACHOVIA CUSTODIAN FOR SASS MUNI V DTR
www.mortgagedaily.com/LitigationTitle123012.asp
 
Mortgage Investor Lawsuits - First-Quarter 2012 Mortgage Litigation Index | Sept. ...
com/LitigationInvestor032712.asp Wachovia investors U.S. District Court for the ... of a $75 million dollar settlement. In Re Wachovia Equity Securities Litigation 1:2008-cv-06171 7
www.mortgagedaily.com/InvestorLawsuits092412.asp
 
Former MBA Chairman Launches New Lender - Wholesale and retail channels to...
Wachovia Securities just prior to the point when its own parent, Wachovia Corp., acquired Golden West Financial. AmNet exited the subprime market in January 2006 one year after
www.mortgagedaily.com/BexilLaunch050312.asp
 
Mortgage Investor Lawsuits - Fourth-Quarter 2011 Mortgage Litigation Index...
com/LitigationMbs121211.asp Wachovia Capital Markets LLC National Credit Union ... Corporate Federal Credit Union, Plaintiff, vs. WACHOVIA CAPITAL MARKETS, LLC n/k/a
www.mortgagedaily.com/InvestorLawsuits040912.asp
 
MBS Lawsuits - Fourth-Quarter 2011 Mortgage Litigation Index | April 9, 2012...
com/LitigationMbs121211.asp Wachovia Capital Markets LLC National Credit Union ... Corporate Federal Credit Union, Plaintiff, vs. WACHOVIA CAPITAL MARKETS, LLC n/k/a
www.mortgagedaily.com/MbsLitigation040912.asp
 
Mortgage Servicing Lawsuits - Fourth-Quarter 2011 Mortgage Litigation Index...
WELLS FARGO MORTGAGE BANK, N.A., as successor by merger to WACHOVIA BANK, N.A., Appellee 4D10-3538 11/9/2011 11/9/2011 www.mortgagedaily.com/LitigationForeclosures122811.asp GMAC
www.mortgagedaily.com/ServicingLawsuits040912.asp
 
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