Wachovia Rewards Risk

Have you read all the news? It seems Wachovia is giving incentives to their employees to sell "Risky Loans." According to the Associated Press Wachovia is "pushing" risky negative amortization loans. And in today's negative mortgage press, this really comes off as if Wachovia is out to screw people over.

The problem here is how the press is presenting the facts... or in this case, the lack of it. To set the record straight, I have written an article that tells you what the media would never take the time to tell you...

Incentives for Selling Risky Negative Amortization Loans

Take a moment and read the article. Feel free to comment on that article, and here if you like. I'd love to hear your thoughts.

FYI. I do NOT work for Wachovia. Just simply tired of half truths being sold as the complete truth to sell advertising by the "news" media.

Ed Nailor
The Ed Nailor Mortgage Team
Charlotte, NC

Charlotte Mortgage Lender

Call 704-651-8704 or visit www.EdNailor.com