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Florida industry appointments update - 10/10/2006

National Mortgage Professional
Oct 09, 2006

Wachovia Securities to create wholesale lending unitMortgagePress.comMortgage wholesale lending programs Wachovia Securities plans to create a wholesale lending organization, by combining its American Mortgage Network Inc. and Wachovia Mortgage Third Party Lending businesses. The new unit will be called Wachovia Securities Wholesale Mortgage and be a part of Wachovia Securities' corporate and investment banking group. The effective date of the unified entity, whose two component businesses totaled $19 billion in production in 2005, will be announced shortly. Richmond, Va.-based Wachovia Securities, a non-bank affiliate of Wachovia Corporation, is a provider of financial advisory, brokerage, asset management and other financial services. For more information, visit www.wachoviasec.com.
Published
Oct 09, 2006
Reports: Evergrande Group Arranges Bond Extension

Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.

Industry News
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New American Funding Hires Regional Manager

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Rocket Pro Announces Initiatives To Boost Brokers

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FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

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Tech
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Synergy One Lending Increases Its Capital By $50M

San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.

Industry News
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TransUnion Sees Untapped Growth Opportunity For The Mortgage Industry

A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.

Analysis and Data
Oct 19, 2021