Wachovia Says Housing Downturn Nowhere Near Over

March 11, 2008

Wachovia Corp, which offers adjustable-rate mortgages that let borrowers decide how much to pay each month, believes the housing downturn is far from over, Chief Risk Officer Don Truslow said.

*For more on this story,

read the full Reuters article.

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Wachovia Says Housing Downturn Nowhere Near Over

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