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Home : Home Mortgage Loan : Adjustable Rate Mortgage : MSN Newsfeeds : Wachovia Reports Third-Quarter Loss on Real Estate Writedowns - Bloomberg

Wachovia Reports Third-Quarter Loss on Real Estate Writedowns - Bloomberg

Oct. 22 (Bloomberg) -- Wachovia Corp. , the lender being acquired by Wells Fargo & Co., had its third straight quarterly loss, hurt by crumbling mortgage markets and writedowns of securities backed by real estate. The third-quarter loss of $23.9 ...
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