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Wachovia Tops List of Commercial/Multifamily Loan Servicers

Published Monday, February 09, 2009

Wachovia Securities was the nation’s largest commercial real estate loan servicer in 2008 with $412.9 billion in loans serviced, a new report shows. Wachovia Securities serviced 91,591 loans with an average value of $4.5 million, according to the annual ranking of commercial and multifamily loan servicers by the Mortgage Bankers Association (MBA). The Washington, D.C.-based industry association, which represents the real estate finance industry, announced the rankings at its 2009 Commercial Real Estate Finance/Multifamily Housing Convention & Expo, which is currently underway in San Diego. Wachovia’s $412.9 billion volume includes both U.S. master and primary servicing. A primary ...

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