Finance
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Wachovia Looking to Pull Back on Option ARMs: Report
Apr 03, 2008A lender memo sent out earlier in the week by Wachovia Corp. announcing that it would no longer offer its infamous Pick-A-Payment loans might have been premature, but sources told Housing Wire on Thursday that it’s only a matter of time before the Charlotte, NC-based bank pulls the plug on its Option ARM product in key California counties.
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Mortgage Rates Rise Modestly as Market Calms
Apr 03, 2008 -
Thanks, Subprime! Banks Lost $9.97 Billion on Derivatives in Q4
Apr 02, 2008 -
Feds Roll Out Dynamic Subprime, Alt-A Mortgage Maps
Apr 02, 2008 -
Seniors Turn to Reverse Mortgages For Help With Everyday Expenses: Survey
Apr 02, 2008 -
Mortgage Applications Drop As Refi Backlog Passes
Apr 02, 2008 -
The new UBS logo
Apr 01, 2008 -
Deutsche Bank Warns on Alt-A Mortgages
Apr 01, 2008 -
National City Exploring Likely Sale, Sources Say
Apr 01, 2008 -
Freddie Won’t Issue Reference REMIC in April, As Secondary Market Remains Locked Up
Apr 01, 2008