Wachovia Online Banking announced today that is cutting home equity lines of credit for certain of its customers. This cut is not being made to all of Wachovia bank’s customers, but only a small portion.
Kathy Harrison of Wachovia stated that about 3 percent of Wachovia’s home equity lines of credit customers were seeing their home [...]
Wachovia On line Banking has decided to stop offering its Pick-A-Payment Wachovia mortgage rates. These Wachovia mortgages allowed borrowers to choose whether to pay principal and interest, interest only or not even the interest. If borrowers decided to not pay the interest amount the amount borrowed would actually increase over time.
This pick-a-payment Wachovia mortgage rates [...]
Do you think that Wachovia Mortgages Business will be helped by Goldman Sachs? Wachovia Online Banking has decided to hire Goldman Sachs to help it with its Wachovia mortgages. With the struggling housing market, banks all across the country are facing trouble from risky mortgage rates that they offered during the housing boom.
In March Wachovia [...]
