Wachovia combines brands to create VerticeMortgagePress.comWholesale mortgage lending
Wachovia Securities has announced the creation of a wholesale
lending brand, Vertice, from the combined entities of American
Mortgage Network and Wachovia Mortgage Third Party Lending.
Vertice will be a part of Wachovia Securities' corporate and
investment banking operation and will be overseen by Randy
Robertson, head of residential mortgage and consumer business.
Combined production from both component entities totaled $18
billion in 2006.
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.