WS vs WB

Wachovia Layoff

[QUOTE who="Nameless old timer put out to pasture in Feeling Cold, Antarctica"]I had a loan with a client working at Blockbuster with stated income at approximately 50k as ...

Wachovia Layoff

[QUOTE who="Nameless old timer put out to pasture in Feeling Cold, Antarctica"]I had a loan with a client working at Blockbuster with stated income at approximately 50k as ...

Wachovia Layoff

What if we meet here for dinner?

http://www.theocjail.com/

Wachovia Layoff

[QUOTE who="MS12 in NoWhere, California"]Oh my gosh! You spelled FHA right! Congratulations! You have been promoted to the Wachovia Management team![/QUOTE]

Thank ...

Wachovia Layoff

[QUOTE who="MS12 in NoWhere, California"]LOL, wow, I don't think I've laughed harder in my life than I have tonight at this $10 an hour "stable job" quack.

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]How about a sari?[/QUOTE]

http://www.youtube.com/watch?v=hgXFCYSyiQI

Wachovia Layoff

[QUOTE who="say it aint so in Puerto Rico"]You are the one with the "stable" job, you should know how to dress yourself. I thought you were going to bed? I think ...

Wachovia Layoff

[QUOTE who="Sad GDW oldtimer"]You sir or madam are not a nice person. You seem incapable of participating in a discussion without getting nasty with insults.[/QUOTE]

Wachovia Layoff

[QUOTE who="say it aint so in Puerto Rico"]Well we know they can't read, since we have to cut and paste guidelines! I can see how dressing could be an issue as well ...

Wachovia Layoff

[QUOTE who="MS12 in NoWhere, California"]WOW. I never believed all those inbred jokes, maybe I was just being naive.[/QUOTE]

I picked up that lingo at my nearest ...

Wachovia Layoff

[QUOTE who="Sad GDW oldtimer"]I forgot, GDW always was on the outside.[/QUOTE]

now you're talking.

Wachovia Layoff

[QUOTE who="Sad GDW oldtimer"]WS does not report All the pymt info on CPI but does track it for internal evaluation. Credit reporting is different than CPI tracking. Who's ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]Yes, but for how long will you have a stable job? Wachovia is planning for many lay offs and you may be a casualty someday. Yes ...

Wachovia Layoff

[QUOTE who="San Antonio Rocks in San Antonio, Texas"]I will tell you why: 1980's fixed rates was where it was at. WS comes along with a crazy PAP arm product that no one ...

Wachovia Layoff

[QUOTE who="Sad GDW oldtimer"]I don't get it. So what if it is a pilot? Why does that make it secret? It seems to me that the criteria is an important factor in ...

Wachovia Layoff

[QUOTE who="say it aint so in Puerto Rico"]It is safe to say that Wachovia should not be in the loan business. The service centers lack management and they hire people ...

Wachovia Layoff

[QUOTE who="MS12 in NoWhere, California"]LOL hahaha... In India they don't need college degrees, obviously.[/QUOTE]

no...i'm getting ready to go to bed and wake up ...

Wachovia Layoff

[QUOTE who="FlyOnTheWall in Secret"]MEL's are not backed by Fannie, they are portfolio loans and if you're watching the news, Fannie is having even more difficulty than ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]My only response to this is THANK GOD I GOT MY SEVERANCE PACKAGE and am out of this nuthouse of a company. Your view of the loan ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]It really isn't that difficult. It's basically the snapshot of a loan. The loan details, payment history etc. It wouldn't take ...

Wachovia Layoff

[QUOTE who="FlyOnTheWall in Secret"]If you understood our underwriting practices, you would know that we looked at reasonabiltiy of income based on the type of job the ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]Why couldn't the lenders trust the borrower? Even if you could verify all income on a borrower, that doesn't mean he/she won't ...

Wachovia Layoff

[QUOTE who="San Antonio Rocks in San Antonio, Texas"]Unfortunately you have compliance, legal and marketing targeting CA and FL customers that are upside down. There are ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]Could be a plot too![/QUOTE]

I'm with you.

Wachovia Layoff

[QUOTE who="FlyOnTheWall in Secret"]For your information, we always qualified borrowers using the fully indexed rate. If borrowers are claiming less income today than when ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]Never say never![/QUOTE]

That's what I thought you'd say.

Wachovia Layoff

[QUOTE who="Sad GDW oldtimer"]I would be interested to know the customer selection criteria. Can you elaborate?[/QUOTE]

Sorry Old Timer. This is a pilot.

Wachovia Layoff

[QUOTE who="FlyOnTheWall in Secret"]Why is that a problem? Deferred interest adds a very small amount to the overall LTV - probably on 2-3% over a couple of years when the ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]You did it again. Please sign up for some English grammar courses at your local community college. You might want to focus on ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]well, why don't you do your job and educate the customer. I think my point is made here. The customer has a responsibility too ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]Can anyone translate what this guy/gal is saying into English? Needs to go back for an English grammar refresher course, glad I'm ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]What would be their problem? Rates are down, all they have to do is pay their normal principal and interest payment, remember the ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]We don't think you're an authority on the subject, you have no facts to back up your view.[/QUOTE]

I am an authority. I ...

Wachovia Layoff

[QUOTE who="San Antonio Rocks in San Antonio, Texas"]Why do you think WS people were overpaid? You think that being in a call center and being spoonfed leads for years and ...

Wachovia Layoff

[QUOTE who="Nasty Wach in Miami, Florida"]of course world would have lasted. The portfolio is profitable, do your homework my friend. WS weathered many a storm throughout ...

Wachovia Layoff

[QUOTE who="been there, done that in Santa Fe Springs, California"]Let me repeat.....YOU DON'T HAVE A CLUE!![/QUOTE]

I'm sick of you thinking WB doesn't have a clue ...

Wachovia Layoff

So what would have happened if the merger wouldn't have taken place?

Wachovia Layoff

[QUOTE who="MLC in Charlotte in Charlotte, North Carolina"]LOL, only 2

but i agree, this field will grow, just like the mtg industry did after 9-11, but that bubble ...

Wachovia Layoff

[QUOTE who="snoopy in nowhere, Mississippi"]split off the bad loans from the books and deal with them separately under a different business name or title. i know of a ...

Wachovia Layoff

[QUOTE who="WS vs WB in Charlotte, North Carolina"]The problem is not the people driving it now..it's the moron's who drove the short bus to this point we're at. These ...

Wachovia Layoff

[QUOTE who="Nameless old timer put out to pasture in Feeling Cold, Antarctica"]Knows 2 much, are you still with WB or have you also been displaced? Can you say? If not I ...

Wachovia Layoff

[QUOTE who="World Rocks in San Antonio, Texas"]Project Green Earth is a great concept. Problem is: you have morons driving it and they can't seem to get it right. When you ...

Wachovia Layoff

Wachovia's layoff timing may cut size of exit pay
Agreement giving more severance to former Golden West employees at Wachovia will expire Oct. 1.

http://www ...

Wachovia Salaries, Bonuses and Benefits.

[QUOTE who="idaguy83 in Columbia, South Carolina"]I just took a position for teller and I have a bachelors degree and I was offered around 21K. I agree with you 24K is the ...

Wachovia Layoff

[QUOTE who="drama queen in Chicago, Illinois"]If you supply your name and number, I'm sure you will get a call or two.[/QUOTE]

Anyone..please do not respond to this ...