Wachovia Mortgage Corporation · Charlotte, NC United States
Company Description
Phone: 800-922-4684
Toll Free: 800-922-4684
View Wachovia Mortgage Corporation Locations On A US Map
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This link will open in a new window Wachovia Mortgage is the residential lending unit of Wachovia Corporation , a banking giant that merged with Wells Fargo in 2008. The two entities are in the process of combining services and operations, with Wachovia Mortgage (and its 120 mortgage stores) being folded into Wells Fargo Home Mortgage . The company has traditionally offered a range of fixed- and adjustable-rate home loan products including first mortgages; construction and land loans; and home equity loans and lines of credit through Wachovia Mortgage Bank. It also provides home purchasing and loan refinancing services and loans for community development. To read the full description, subscribe now.
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Key Wachovia Mortgage Corporation Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 1,150 |
Wachovia Mortgage Corporation Executives
6 executives listed for Wachovia Mortgage Corporation's Charlotte, NC location.
| Title | Name & Bio | Contact |
| EVP | David Pope | Network |
| Director of Lending Technology | Laurie Smith | Network |
| Director of Operations | W. Thomas Wood | Network |
Competition
Competitive Landscape for Wachovia Mortgage Corporation
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top Wachovia Mortgage Corporation Competitors
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