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Wachovia Announces NO MORE NEG AM
June 30th, 2008 Uncategorized

Wow!

Just popped up on my feedreader.

No more Pick-a-Pay, no more anything that has a negative amortization.  Period!

Can I keep my Calculator?

What about the cool spreadsheets I created?

Seriously, The Neg Am loan has a very valuable place in the finance world when properly used.  I believe Wachovia (world Savings) had the highestperforming Neg Am Portfolio in the biz.

VIDEO LINK

Wow!

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