The Miami Herald >

South Florida Blogs



Categories

It's Your Money

  • Wells Fargo to modify $2 billion in mortgages


    A story in the American Banker today says Wells Fargo has agreed to modify $2 billion in payment-option adjustible rate mortgages, all of them originated by Wachovia and World Savings.

    These were known as "pick-a-pay" loans and were considered especially at risk for default.

    The agreement reportedly came through a settlement [...]

     |  Rate
1
← December 20 (2 items) January 3 (1 item) →

  • Hot Topics