Wells Fargo, Bank of America Acquire Wachovia
January 1, 2009 by gtsay
Filed under Wells Fargo
As expected, Wells completed its $12.7 billion acquisition of Wachovia Corp. Wells Fargo & Co.and Bank of America Corp. completed major acquisitions before end of 2008. With the merger, Wells Fargo and Wachovia customers will immediately have use of both banks’ ATMs for free. Bank of America’s $2.7 trillion in assets after the $19.4 billion [...]
Wachovia lays off wholesale mortgage division
July 21, 2008 by admin
Filed under Real Estate Blog
Another one bites the dust! So apparently Wachovia has decided another $8.9B in write downs is enough and opted to exit the wholesale lending business completely. C’mon, what another $125B to write off considering that’s how much bad loans they have on their balance sheet. Can you believe these clowns actually bought …
Find Foreclosure Listings for Free
When real estate is foreclosed upon, it opens a world of opportunity to buy your dream home or condo. The cost is only a fraction of the real value! Read on, and this article will help you in finding these foreclosures online. The foreclosure process begins when a homeowner does not or cannot make …