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  • Gramercy Capital Corp. Settles Wachovia Bank, National Association Secured Credit Facility and Term Loan 7 Dec 2009 14:12 GMT
    ... Gramercy Capital Corp. Settles Wachovia Bank, National Association Secured Credit Facility and ... Capital Corp. is a self-managed integrated commercial real estate finance and property investment company whose Gramercy ... whole loans, mezzanine loans, preferred equity, commercial mortgage-backed security and other real estate securities, and ...

  • Gramercy Capital Corp. Settles Wachovia Bank, National Association Secured Credit Facility and Term Loan (BIZ) 7 Dec 2009 14:14 GMT
    ... acted as the Company's restructuring counsel for this transaction. ... this transaction. is a self-managed integrated commercial real estate finance and property investment company whose Gramercy ... whole loans, mezzanine loans, preferred equity, commercial mortgage-backed security and other real estate securities, and ...

  • Moving Above Zero 7 Dec 2009 11:11 GMT
    ... there is a massive backlog of defaulted mortgages that are simply going nowhere. Worth less than ... from under us. With failed banks, crashing real estate and construction, a dying car industry, outsourced ... mortgage-holding firms such as Countrywide, Wells Fargo, Wachovia, Citibank, Bank of America and others, often ...

  • Financial Crisis Timeline 7 Dec 2009 07:11 GMT
    ... Government The U.S. government takes control of mortgage companies Fannie Mae and Freddie Mac, which ... program. Sept. 29: Citigroup Agrees To Buy Wachovia's Banking Operations Citigroup agrees to buy the ... loans and securities backed by commercial and residential mortgages, and in exchange, the government will ...

  • Loan Modification And Mortgage Crisis Could Bring Down New Banking Giant 2 Dec 2009 01:58 GMT
    ... Loan Modification And Mortgage Crisis Could Bring Down New Banking Giant If ... was not enough to help banks like Wachovia that were by now too underwater with ... bad loans both in mortgages and commercial real estate. Losses in bad loans are mounting and ...

  • Wachovia Converts to Wells Fargo - Analyst Blog 2 Dec 2009 23:25 GMT
    ... announced that it will be converting 65 Wachovia branches in California displaying its own name ... last year, all 4,800 branches of the residential lender Wachovia Mortgage had been folded into Wells Fargo Home ...

  • Wachovia Preferred Funding Corp. Declares Dividend on Series A Preferred Securities 4 Dec 2009 22:18 GMT
    ... Wachovia Preferred Funding Corp. Declares Dividend on Series ... & Company and is qualified as a real estate investment trust for federal income tax purposes. ... trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores ...

  • Public records for Dec. 2, 2009 3 Dec 2009 10:54 GMT
    ... Morgan Chase Bank NA v. Claire , real property; Bank of New York Mellon v. Amy ... State Bank v. , real property; SunTrust Mortgage Inc. v. Jon R. , real property; Financial ... Steve B. , in excess of $15,000; Wachovia Mortgage FSB v. Verna J. , real ...

  • Wells will rebrand Wachovia 2 Dec 2009 00:51 GMT
    ... The big conversion of Wachovia branches to Wells Fargo banking stores will ... $12.67 billion deal. Wachovia had numerous bad residential mortgages on its books at the time of ...

  • Public records for Dec. 3, 2009 4 Dec 2009 07:56 GMT
    ... John Christopher , other circuit civil; Saxon Mortgage Services Inc. v. Gladys L. , real property; Chase Home Finance LLC v. Gary , ... LLC v. David R. , real property; Wachovia Bank NA v. Fred , real property; ...

  • Now's really the time to buy, many say 4 Dec 2009 03:23 GMT
    ... Mortgage rates are hovering at historic lows, home prices ... all adds up to this: In the real estate agent's overworked phrase, there may never be ... lop 18 percent off a loan from Wachovia. But Wachovia loans are a special case, ...

  • What Lurks on the Books of Banks 4 Dec 2009 05:33 GMT
    ... inevitable losses on home-equity loans and commercial mortgages. Others face new trouble in consumer banking, ... profits. Problems with home-equity lines and other residential loans in Florida alone could shrink financial ... as a result of its acquisition of Wachovia, which was completed in January 2009, says ...

  • Pino faces $66M foreclosure on Century Grand 3 Dec 2009 19:31 GMT
    ... in Doral. , one of the largest residential developers in Miami, and a board member ... Tampa attorney Neil C. Spector, who represents Wachovia in the lawsuit, could not be reached. The mortgage in the lawsuit between Wachovia and Atlas ...

  • National And International Report / Electronics, online sales soar as luxury merchants struggle 2 Dec 2009 07:12 GMT
    ... price high enough to pay off their mortgages. Homeowners will even get $1,500 to help cover ... sales, according to the National Association of Realtors. In areas like Las Vegas, southern Florida ... as a result of its takeover of Wachovia Corp. last year. The branches are mostly ...

  • MBA: Multifamily Lending 40% Lower In 2008 Than 2007 1 Dec 2009 17:36 GMT
    ... five multifamily lenders in 2008 were PNC Real Estate, Wachovia, Wells Fargo Bank NA, Capmark Financial Group ... was a broad and diverse market offering mortgages to apartment building owners," says Jamie Woodwell, MBA's ...


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