Updated over 17 years ago on .
Bad News Is Good News For Us!
This morning Wachovia Corp reported a dismal
quarter which heightened concerns about how corporate
results will fare amid the ongoing credit crisis.
The nation's fourth-largest bank suffered more write-downs linked
to its troubled mortgage business, and slashed its dividend for the
second time this year. Wachovia is leaving the wholesale mortgage
lending business, which means the Homes Seller Assist program will
become even more important, plus the program has just been opened
up to investors.
On owner occupied properties they can deal with credit scores down to
500. Tune in today at noon - Central and/or at the same time on Wed.
They have a Q&A session directly after, so bring your questions. Hope
to see you here:
Larry Potter