Wachovia Employee Reviews for Underwriter

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Underwriter
in Houston, TX

"The company was purchased by Wachovia and the office was closed."

What do you like about working at Wachovia?

"Loan program guidelines were tighter than other lenders at the time."

What don't you like about working at Wachovia?

"The lender was only open for about six months, then sold to Wachovia. So did not give the office time to establish and grow."

What suggestions do you have for management?

"This company is no longer in business"

Underwriter
in Houston, TX

"The bank had just opened the mortgage division after a few months sold the bank & mortgage division"

What do you like about working at Wachovia?

"The loan programs were more conservative, as this was a division of a bank new to doing single family mortgages."

What don't you like about working at Wachovia?

"The mortgage division had just been open for a few months and was not given the attention needed to grow."

What suggestions do you have for management?

"No suggestions, do not know why they opened a mortgage division and then sold the bank and mortgage divisions to Wachovia, who then closed the office."

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