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Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. [3] Wachovia provided a broad range of banking, asset management, wealth management, and corporate ...
Wachovia. First Union. Term. 1976 - 2008. G. Kennedy Thompson, also known as Ken Thompson, (born November 25, 1950) is an American banker and businessman who was chairman, president, and CEO of Wachovia Corporation, formerly First Union Corporation, from 2000 through 2008. [1] During his leadership, Wachovia grew to become the nation's fourth ...
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. [2] The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs ...
The mortgagee clause is a provision that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. A mortgagee clause protects the lender even if the ...
The origins of the company date back to 1967 when Alan Turtletaub operated mortgage lending firms in New Jersey and Pennsylvania. In 1972, "The Money Store" name was trademarked for advertising purposes to promote the various firms. The company was based in Union, New Jersey. It specialized in home equity loans and also was a large Small ...
When setting up your insurance policy, you’ll need to provide a mortgagee clause, indicating that the lender is an interested party in the property. Your loan officer can provide this ...
If you cancel mid-term, though, you might get money back depending on how you pay. 7. Contact your lender. If you have a mortgage, you will likely need to keep your lender in the loop. If you pay ...
In a ship mortgage ( common law) or ship hypothec ( civil law term, covering also a maritime lien ), a shipowner gives a lender (or mortgagee) a security interest in a ship as collateral for a mortgage loan. Similar to other types of mortgages, a ship mortgage legally consists of three parts: the mortgage loan, the mortgage document (deed) and ...