Wachovia Offers Loan Modifications

Some homeowners who obtained adjustable-rate mortgages from World Savings Bank may be able to restructure their home loans and avert foreclosure through a new program launched by Wachovia Corp., officials said Thursday. Wachovia has commissioned about 10 mortgage companies, including BWC Mortgage Services, to find residential borrowers who have a "Pick A Pay" adjustable rate mortgage.

To read the entire article, please visit: http://www.hispanicbusiness.com/news/2008/9/26/wachovia_offers_loan_modifications.htm