WELLS FARGO-NORWEST-CONDOR CONNECTIONS INFO — FOR SECURITIZATION RESEARCH

submitted by MARY COCHRANE

Wells Fargo & Co. ‘a private label tradename’ purchased 11/2/98. Foothill & Norwest & UBS … do business using ‘private label brand’ and all of the existing agreements and former registrations stayed open. Already in business in 1994/1996 with Lehman Brothers, Structured Asset Securities Corp, Bear Stearns, former Wells Fargo, Norwest, GMAC-RFC, Chase Manhattan Mortgage Corp, Deutsche Bank Securities, Foothill Capital Corp a sub of Foothill Group, who all merged with Wells Fargo HSBC Trade Bank 11/2/98. All of the existing agreements as priviate members of the financial exchanges survived.

Restated Letter of Credit & Guaranty Agreement 8/1/94 among Foothill Capital Corp, Union Bank as agent and issuing bank

Subsidiaries Foothill Group Inc

Wells Fargo & Co. (Wells Fargo & Co/MN formerly known as Norwest Corp)

Norwest Corporation:

Condor Investments LP, Minnesota LTD
 (John Nickoll, Dennis Ascher, Jeffrey Nikora ‘Managing Partners filing persons, Foothill Capital is a wholly owned subsidiary.

Condor principal business address
Norwest Center, Sixth St & Marquette Ave
Minneapolis MN 55479

Principal Business engage in the business of investment in various financial assets.

4G-382
Condor Investment Company DC Mendota He MN XR
LP-7122
Condor Investments Limited Partnership LPI Mpls MN
Filing Number: LP-7122 Entity Type: Limited Partnership
Original Date of Filing: 2/22/1996 Entity Status: Inactive
Entity Date to Expire: 12/31/2025 Chapter: 322A

Name: Condor Investments Limited Partnership
Registered Office Address: 6th & Marquette 17th Flr %Norwest Corp
Mpls, MN, 55479-1026
Home State: MN

Registered Agent: Stanley S Stroup


8K 6/30/95

5/15/95 Norwest Corp signed a definitive agreement for the merger of the Foothill Group, Inc. with Norwest.

Foothill Group Inc is a specialized financial services company which operates two tightly linked businesses: commercial lending and money management.

Foothill Capital Corp, its wholly-owned subsidiary, provides asset-based financing to businesses throughout the USA.

Parent Co. money mgmt operation conducts business thru institutional lP’s seeking above avg returns by investing in debt instruments of companies in reorg or in process of restructuring.

Norwest Corp is a bank holding company formed under laws DE
 Foothill Capital Corp CA, &
 Norwest Corp (NORWEST) a bank holding corp laws of DE,
 the Company will be a wholly owned subsidiary of Norwest.

Amendment 2/1/95:
Revolving Credit Agreement
Foothill Capital Corp, CA Corp, subsidiary of The Foothill Group, Inc. Parent.

the banks
-Bank of America National Trust and Savings Association, as a bank and agent

Recitals:
-other than Long-Term Credit Bank of Japan, LTD (LTB)
NationsBank of Georgia, N.A. (Nations)
Bank of America National Trust & Savings Association (BOA) as Agent

Foothills Capital Corp, Inc. and BOA as Agent

LTB, NATIONS & NORWEST have each agreed to become new banks under the Agreement

BOA bank & agent & Foothills Capital Inc & Foothill Capital desire to amend agreement to reflect LTB, NATIONS, NORWEST become New Banks.

7/12/95 8K EX-28
Norwest and Foothill Group, Inc. signed definitive agreement for acquisition of Foothill Group by Norwest 4th Qtr 1995.

Wells Fargo & Co/MN [formerly Norwest] 6/7/95 SC 13D/A

Stanley S. Stroup
EVP & General Counsel
Norwest Corp
Norwest Center
Sixth and Marquette
Minneapolis MN 55479-1026
DE Citizen
CUSIP 345109-20-1
Tax ID 41-0449260
Bank Holding Co

Through Commercial bank subsidiaries general banking & trust business in
AZ, CO, IL, IN, IA, MN, MT, NB, NM, ND, OH, SD, TX, WI, WY.

9 Responses

  1. /10/03 – Feds rule for Wells Fargo – somebody ought to do “someth…
    “It confirms what we and the Office of the Comptroller of the Currency have said all along — that national banks and their operating subsidiaries can conduct mortgage business in California without a state license,” Wells Fargo Chairman Richard Kovacevich said in a statement.

    Posted on Monday, December 08, 2003 – 11:23 pm:

    ——————————————————————————–

    THE OCC’s PREEMPTION CAMPAIGN: A SERIOUS
    THREAT TO THE VIABILITY OF STATE BANKING REGULATION

    Statement Of Arthur E. Wilmarth, Jr. 1
    Before A Joint Hearing Of
    The Committee On Banking, Commerce And
    International Trade Of The California State Senate
    And The Banking And Finance Committee Of The
    California State Assembly – May 21, 2002

    http://www.corp.ca.gov/pressrel/03/fmf/itnfmf052103Wilmarth.htm

    You can’t say that California didn’t try. If California can’t prevail against the banks, who can?

    ——————————————————————————–

    Wells Mortgage Chief Oman Gets $5MM Retention Bonus
    January 4, 2010
    Mark Oman, who oversees the mortgage division of Wells Fargo & Co., has been granted a “retention” bonus in the form of stock that is valued at $5 million, according to a statement made by the company.
    Wells says the “grant” is not a form of cash compensation and has strings attached to it: Mr. Oman will forfeit the shares if he leaves the lender to join a competitor; the shares do not vest for three years and only if Wells meets certain performance goals. In total, Mr. Oman — who joined a Wells affiliate back in 1979 — was granted 189,800 shares. The bank’s stock has been trading in the range of $28 a share of late. Four other Wells executives were given retention bonuses including CEO John Stumpf. Wells is the nation’s second largest originator of home loans, according to the Quarterly Data Report. Mr. Oman carries the title of senior executive vice president.

    Wells’ Board Approves Retention Performance Shares for Executives
    December 31, 2009
    In lieu of cash bonuses for 2009, the board of Wells Fargo & Co., San Francisco, Calif., has approved multimillion-dollar retention performance shares for three key executives, including the head of Wells Fargo Home and Consumer Finance, Mark Oman.
    Mr. Oman, a senior executive vice president, and Howard Atkins, also a senior EVP as well as well as the company’s chief financial officer, both got approved for a target of 189,800 shares having a current value of about $5 million. The board approved for John Stumpf, president and chief executive officer, a target of 379,600 shares having a current value of about $10 million. “These retention performance shares, which are not a form of cash compensation or annual incentive bonus, are forfeited if the executive receiving the shares leaves the company to work for a competitor,” Wells said. The shares will vest after three years of service only if the company meets specified performance goals. A portion of all shares earned by executives as compensation must be held for as long as they remain employed by the company. Steve Sanger, chair of the board’s human resources committee and retired chairman and CEO of General Mills Inc., said the executives receiving the compensation have been “leading the company through the largest merger integration in U.S. banking history and they have played key roles in generating record profits in the first three quarters of 2009, despite the challenging economy.” Commenting on the rationale behind the performance shares, he noted that given those accomplishments and “the current challenges impacting the banking industry, Wells Fargo executives, at all levels, are being increasingly and aggressively recruited by competitors.”

    Wells Mortgage Chief to Retire Next Year
    August 28, 2008
    Wells Fargo executive vice president Mark Oman — who made the bank into the mortgage powerhouse it is today — says he will retire from the company by the end of 2009.
    Mr. Oman oversees four business groups, including mortgages and card services, which will continue to report to him for the time being. Wells is the nation’s second-largest residential lender and servicer, second only to Bank of America/Countrywide, according to figures compiled by the Quarterly Data Report. Over the past 15 years Wells has grown rapidly in mortgages by purchasing nonbank residential firms and merging with other depositories. Under Mr. Oman, Wells also ventured into subprime lending — once ranking first in that niche — but has yet to suffer the traumatic losses experienced by other firms. Mr. Oman joined Wells’ predecessor bank, Norwest, in 1979 and was named mortgage chief in 1985. Wells Fargo can be found on the Web at http://www.wellsfargo.com.

    Wells Reports Record 2Q Profits
    July 17, 2007
    Wells Fargo & Co., San Francisco, has reported record net income of $2.28 billion ($0.67 per share) for the second quarter, up from $2.09 billion ($0.61 per share) a year earlier.
    Wells Fargo’s home mortgage business recorded originations totaling $80 billion in the second quarter, up from $68 billion in the first quarter but little changed from those of a year earlier. However, origination growth and higher net gains on origination/sale activities were offset by a net loss of $225 million related to the effect of higher interest rates on the valuation of mortgage servicing rights (net of hedging costs), the company said. “As a result of our responsible lending and risk management practices, we do not face many of the issues others do in the mortgage industry,” said Mark Oman, senior executive vice president in the Wells Home and Consumer Finance Group. “First, we do not retain any credit interest in any prime and nonprime securitizations. Second, we do not originate any negative-amortizing mortgages, including option adjustable-rate mortgages. Finally, we do not portfolio any nonprime no-documentation mortgages or nonprime low-documentation mortgages.” The company can be found online at http://www.wellsfargo.com.

    Wells Names New Prez/CEO
    June 27, 2007
    Wells Fargo & Co., San Francisco, has promoted John G. Stumpf to the position of president and chief executive officer.
    The former CEO, Dick Kovacevich, continues as chairman but plans to retire no later than the end of next year, when he will be 65. Mr. Stumpf joined Norwest Corp. in 1982 in the loan administration department of Norwest Bank Minneapolis NA. Norwest and Wells merged in 1998. In August 2005, he was named president and chief operating officer. Mr. Kovacevich lauded Mr. Stumpf’s promotion, citing “his quarter century of experience with our company, his broad and deep understanding of our unique culture, his personal commitment to people as a competitive advantage, and his passion for our vision, values, and business model.” Wells has what it calls a decentralized structure, with four executives overseeing different groups that answer to Mr. Stumpf, including Mark Oman, the senior executive vice president of the Home and Consumer Finance Group.

    Mortgage Originations Rose at Wells in ’06
    January 16, 2007
    The mortgage originations of Wells Fargo Home Mortgage, Des Moines, Iowa, totaled $398 billion in 2006, up 9% from the level recorded in 2005, according to Wells Fargo & Co., San Francisco.
    In addition, the owned mortgage servicing portfolio stood at a record $1.37 trillion as of Dec. 31, 2006, up 38% from that of a year earlier, Wells Fargo reported. (Wells Fargo Home Mortgage is part of Wells Fargo’s community banking segment.) “The past year has been a very challenging year for the mortgage industry with the flat to inverted yield curve and a slowdown in the housing sector,” said Mark Oman, senior executive vice president in the Wells Home and Consumer Finance Group. “Despite this environment, we continued our long track record of growing our mortgage servicing businesses at double-digit rates, which provides opportunities to cross-sell and retain these customers.” Wells Fargo & Co. reported record net income of $8.48 billion ($2.49 per share) for 2006, up 11% from that of a year earlier. The company can be found online at http://www.wellsfargo.com.

    Wells’ Profits Rise, but Mortgage Revs Fall
    October 17, 2006
    Wells Fargo & Co., San Francisco, has reported record net income of $2.19 billion ($0.64 per share) for the third quarter, up from $1.98 billion ($0.58 per share) a year earlier, although revenues fell at Wells Fargo Home Mortgage.
    (Earnings per share reflect a two-for-one stock split in August.) Home Mortgage revenue totaled $923 million, down from $1.4 billion in the third quarter of 2005, largely due to a recovery a year earlier of $356 million in the valuation of mortgage servicing rights, Wells Fargo reported. Mortgage originations totaled $104 billion, down from $116 billion in the second quarter but up from $103 billion a year earlier. “Our owned real estate servicing portfolio grew to $1.33 trillion, up $215 billion for the quarter,” said Mark Oman, senior executive vice president in the Wells Home and Consumer Finance Group. “This growth included $172 billion of servicing acquired during the quarter.” The company can be found online at http://www.wellsfargo.com.

    Wells’ 2Q Fundings Just Shy of Countrywide’s
    July 18, 2006
    The mortgage affiliates of Wells Fargo Bank funded $116 billion in residential loans during the second quarter, a hair shy of matching the industry leader, Countrywide Home Loans, Calabasas, Calif.
    In total, Wells Fargo Home Mortgage, San Francisco, saw its production increase by 36% from that of the same quarter last year. Compared with that of the first quarter, production rose 27%. Countrywide, which has been the No. 1-ranked funder since 2004, originated $117 billion in the second quarter, a 3% decline from the level recorded a year earlier. Mark Oman, executive vice president of home and consumer finance for Wells, said the bank-owned lender “took advantage of market opportunities in the correspondent channel” during the quarter. At the end of June, WFHM serviced $1.11 trillion in residential loans, compared with $1.20 trillion for Countrywide.

    Wells’ Profits Rise Despite Mortgage Falloff
    April 18, 2006
    Wells Fargo & Co., San Francisco, has reported record net income of $2.02 billion ($1.19 per share) for the first quarter, up 9% from $1.86 billion ($1.08 per share) a year earlier, despite a revenue plunge at Wells Fargo Home Mortgage.
    Home Mortgage revenue totaled $853 million, down $665 million from $1.5 billion in the first quarter of 2005, Wells Fargo reported. Mortgage originations totaled $91 billion in the first quarter, up 40% from the first quarter of 2005. “While we have seen a slowdown in refinancing activity, the purchase market where we are the leading lender remained historically strong,” said Mark Oman, senior executive vice president in the Wells Home and Consumer Finance Group. “We also saw double-digit growth in our trillion-dollar owned servicing portfolio.” The portfolio stood at $1.04 trillion as of March 31, up 24% from that of a year earlier. The company can be found online at http://www.wellsfargo.com.

    Wells Fargo Tops $1T in Servicing
    February 14, 2006
    Wells Fargo & Co., whose home loan unit is based in Des Moines, Iowa, has reported that its managed servicing portfolio now exceeds $1 trillion in home loans and commercial mortgages serviced for others.
    At the end of last year, Wells Fargo said its servicing portfolio, including subservicing, totaled $1.016 trillion. Mark Oman, senior executive vice president in charge of Wells Fargo’s home and consumer loan group, called the growth rate “astonishing,” noting that Wells Fargo has doubled its servicing portfolio over the past five years. The company’s totaled managed servicing portfolio increased 22% during 2005. Wells Fargo can be found online at http://www.wellsfargo.com.

    Wells Reports Record Profits
    April 19, 2005
    Wells Fargo & Co., San Francisco, has reported record net income of $1.86 billion ($1.08 per share) for the first quarter, up 5% from $1.77 billion ($1.03 per share) a year earlier.
    Mortgage originations totaled $65 billion. “Home Mortgage saw a strong pick-up in application activity in the quarter, as applications of $91 billion increased 14% over fourth-quarter 2004, and the March 31, 2005 pipeline of $59 billion was up 18% from year-end,” said Mark Oman, group executive vice president for home and consumer finance. “The rise in interest rates during the quarter and the growth in the servicing portfolio resulted in an increase in the mortgage servicing rights asset to $9.0 billion, or 1.24% of loans serviced for others, up from 7.9 billion, or 1.15%, at year-end. Reflecting the increase in fair value of the servicing asset, a $271 million reversal of the valuation allowance was realized in the quarter.” The company can be found online at http://www.wellsfargo.com.

    Originations Plunge, but Wells Profits Rise
    October 20, 2004
    Wells Fargo & Co., San Francisco, has reported net income of $1.75 billion ($1.02 per share) in the third quarter, up 12% from $1.56 billion ($0.92 per share) a year earlier, despite a 58% decline in mortgage originations.
    Mortgage originations totaled $68 billion in the third quarter, down $28 billion from the level recorded in the previous quarter and down $93 billion from $161 billion in the third quarter of 2003, the company said. However, Mark Oman, group executive vice president for home and consumer finance, put the best face on the results. “The advantage of Wells Fargo’s multichannel, anytime, anywhere sales approach is reflected in the growth of the home equity portfolio, which is up 43% from the prior year to $46 billion,” Mr. Oman said. Noting the “unusually volatile” markets in the third quarter, Wells chief financial officer Howard Atkins said the company sold approximately $4 billion of securities and adjustable-rate mortgages, resulting in $10 million of bond gains and $35 million of loan losses. The owned servicing portfolio (including commercial servicing) totaled $777 billion as of Sept. 30, up from $681 billion a year earlier. The company can be found online at http://www.wellsfargo.com.

    Wells Fargo Reports 2Q Profits
    July 20, 2004
    Wells Fargo & Co., the nation’s second-largest mortgage servicer, reported net income of $1.71 billion ($1.00 per share) in the second quarter, up 12% from $1.53 billion ($0.90 per share) a year earlier.
    Mortgage originations in its community banking segment totaled $96 billion in the second quarter, an increase of $31 billion from the level recorded in the first quarter, the company said. “With higher interest rates during the quarter, application activity dropped to $100 billion,” said Mark Oman, group executive vice president for home and consumer finance. “Reflecting the decline in applications, the mortgage application pipeline ended the quarter at $57 billion, down $15 billion from March 31, 2004, although purchase-mortgage volume remained at or above expectations.” The company owned a portfolio of mortgage servicing rights on $749 billion of home loans as of June 30, up 18% from that of a year earlier. Wells Fargo valued its MSR portfolio at $8.5 billion, up from $6.9 billion at the end of 2003. The San Francisco-based company can be found online at http://www.wellsfargo.com.

    Wells Defends Against ACORN Accusations
    June 29, 2004
    Although Wells Fargo executives had not yet seen a lawsuit filed against it by ACORN Monday in California, the company’s top home loan executive denied the accusations made by the consumer advocacy group Monday afternoon.
    Mark Oman, executive vice president of the home and consumer finance group for Wells Fargo & Co., Des Moines, Iowa, said ACORN has taken facts about Wells Fargo Financial’s customer relationships out of context to paint a false and misleading picture. He said the allegations “are false and totally contrary to our ethical standards and business practices.” Mr. Oman went on to say, “We do not tolerate any attempt to sell a customer any product or service unless the terms are fully disclosed. We do not lend to customers unless we believe they can make loan payments, period.” ACORN also said that more than 2,000 of its members participated in a rally in Los Angeles to demand that Wells Fargo end allegedly predatory lending practices.

    Wells Reassigns Mortgage CEO
    June 17, 2004
    Wells Fargo & Co., San Francisco, has assigned Pete Wissinger, the chief executive of Wells Fargo Home Mortgage, Des Moines, Iowa, to coordinate the company’s retail insurance business and create and execute a companywide strategy for its activities in this area.
    His duties at Wells Fargo Home Mortgage will be split between Cara Heiden, the head of National Consumer Lending, and Mike Heid, WFHM’s chief financial officer. Both are executive vice presidents of Wells Fargo Bank NA. Ms. Heiden will be responsible for institutional lending, retention, marketing and cross-selling, servicing, and post closing, as well as retaining her role running National Consumer Lending. Mr. Heid’s new responsibilities include capital markets and credit, strategic design and integration, and the Wells Fargo Three-Step Refinance System. He will still oversee the finance and corporate real estate teams. Both Ms. Heiden and Mr. Heid will report to Mark Oman, group executive vice president of the Home and Consumer Finance Group.

    Wells Raps GSEs’ AH Policies
    March 3, 2004
    The nation’s largest mortgage banker, Wells Fargo Home Loans, is complaining that Fannie Mae’s and Freddie Mac’s risk policies have limited the supply of affordable loans.
    “Instead of the two government-sponsored enterprises adapting to the needs of the affordable housing market, the market has evolved by adapting to what the GSEs will buy,” WFHL executive vice president Mark Oman says in a letter to Rep. Barney Frank, D-Mass. As a result, the GSEs have “stifled” innovative solutions to affordable housing, Mr. Oman says. Wells Fargo sells most of its conventional loans to Freddie Mac, and it holds $2.5 billion in affordable housing loans the GSEs won’t buy. The Wells Fargo executive says he supports congressional efforts to establish a strong GSE regulator that has “sufficient authority to ensure compliance with affordable housing goals.” Fannie and Freddie reported a combined profit of nearly $15 billion in 2002. “It’s clear that the GSEs could still earn a robust profit and comply with their charter mandate to concentrate on affordable housing,” Mr. Oman says.

    Record Mortgage Volume Buoys Wells Profits
    October 22, 2003
    Buoyed by record mortgage originations, Wells Fargo & Co., San Francisco, has reported net income of $1.56 billion ($0.92 per share) in the third quarter, up 8% from $1.44 billion ($0.84 per share) a year earlier.
    The EPS figure was also a record, the company said. Wells Fargo said its mortgage origination volume totaled an industry record $161 billion in the third quarter, up from an industry record $135 billion in the second quarter. “Year to date we have originated an industry record of $399 billion, already surpassing the $333 billion we originated for all of last year,” said Mark Oman, Wells Fargo’s group executive vice president for home and consumer finance. The owned mortgage servicing portfolio rose to $674 billion in the third quarter, up 18% from the level recorded a year earlier, the company said. Mortgage servicing rights were carried on the balance sheet at $5.8 billion on Sept. 30, up from $3.8 billion as of June 30, Wells Fargo said. Wells Fargo can be found on the Web at http://www.wellsfargo.com.

    CEO of Wells Subprime Unit Resigns
    July 21, 2003
    Dan Porter, chairman and chief executive of Wells Fargo Financial, Des Moines, Iowa, the bank’s consumer finance division, has resigned.
    In a statement dated July 18, Mr. Porter said he left the company “to pursue other opportunities” and to spend more time with his family. Mark Oman, group executive vice president of Wells Fargo & Co., will assume Mr. Porter’s duties until a successor is found. WFF, which has $19 billion in receivables, has been the subject of predatory lending allegations raised by the Association of Community Organizations for Reform Now. A spokeswoman for Wells said Mr. Porter’s resignation has nothing to do with ACORN or the issues it has raised. ACORN, though, issued a statement on Mr. Porter’s departure, saying, “Any change at Wells Fargo Financial could hardly be for the worse.” WFF engages in subprime residential lending, and the spokeswoman said 25%-30% of the $19 billion in receivables is housing-related.

    Wells Fargo: Mortgages Helped Drive Record EPS
    July 15, 2003
    Wells Fargo & Co., San Francisco, has reported that mortgage banking and other consumer lending drove a 10% increase in its earnings per share in the second quarter, which reached a record level.
    Wells Fargo reported net income of $1.525 billion in the second quarter, or $0.90 per share. The company said it funded $135 billion in home loans during the second quarter, up $32 billion from its first-quarter volume. “The impact of the lowest interest rates in 40 years and the flood of home financing activity were best reflected in the record $204 billion of applications taken by Home Mortgage during the second quarter,” said Mark Oman, group executive vice president of Home and Consumer Finance. The company serviced $582 billion of home loans at the end of the second quarter, an increase of $96 billion from that of a year earlier. The portfolio has a weighted average note rate of 6.21%.

    Wells Reports Record 1Q Profits
    April 15, 2003
    Wells Fargo & Co., San Francisco, has reported record net income of $1.49 billion ($0.88 per share) in the first quarter, up 8% from $1.38 billion ($0.80 per share) a year earlier.
    Wells Fargo’s mortgage origination volume totaled $103 billion in the first quarter, the second-highest level in the company’s history, and the mortgage pipeline ended the quarter at $89 billion, up 29% from the year-end level, the company said. The owned servicing portfolio totaled $552 billion at March 31. “Since March 31, 2002, the owned servicing portfolio is up $95 billion, the weighted average note for the portfolio has declined 62 basis points to 6.45%, and the value of the residential and commercial mortgage servicing rights has been reduced by over $2.9 billion to $4.2 billion,” said Mark Oman, Wells Fargo’s group executive vice president for home and consumer finance. The company can be found online at http://www.wellsfargo.com.

    Wells Fargo Touts Record Profits
    January 21, 2003
    Wells Fargo & Co., San Francisco, has reported record net income of $5.71 billion ($3.32 per share) for 2002, up 11% from $5.15 billion ($2.97 per share) in 2001.
    For the fourth quarter, net income totaled a record $1.47 billion ($0.86 per share), up 10% from $1.33 billion ($0.77 per share) a year earlier. Wells Fargo’s mortgage origination volume totaled $333 billion for the year, which it termed an industry record. “The home finance businesses saw exceptional growth in 2002, with total originations of $333 billion surpassing our 2001 industry record of $202 billion,” said Mark Oman, group executive vice president for home and consumer finance. The company’s owned servicing portfolio ended the year at $535 billion, up 26%, and its home equity portfolio grew 41% to $36 billion, Mr. Oman said.

    FM Watch ExecCom Revealed
    April 6, 2001
    Although FM Watch dissolved its advisory board last month, the group — formed to control “charter creep” at Fannie Mae and Freddie Mac — continues to operate, saying it has more funding than ever.
    Calling the shots at the trade group is its executive committee, whose members include: Anne C. Canfield, president of the Consumer Mortgage Coalition; Charlie Coudriet, senior vice president, Dominion Capital; Roger Taylor, president, Financial Security Assurance Inc.; Frank Filipps, chairman, Radian Guaranty; Gerald Friedman, chairman, FM Watch; Suzanne Hutchinson, executive vice president, Mortgage Insurance Cos. of America; Thomas Jacob, chairman, Chase Manhattan Mortgage; Thomas Mann, chairman, G.E. Capital Mortgage Insurance; Mark Oman, chairman, Wells Fargo Home Mortgage; Charles Reid, chairman, United Guaranty Mortgage; and Jeffrey Zeltzer, EVP, National Home Equity Mortgage Association. Although FM Watch publicized who was on its advisory board, it never released the names of those on its executive committee. A copy of the executive committee list was provided to National Mortgage News and MortgageWire by a source and confirmed by an FM Watch spokeswoman. FM Watch’s website address is http://www.fmwatch.org.

    Wissinger Named CEO of WFHM
    January 30, 2001
    Wells Fargo Home Mortgage, Des Moines, Iowa, has named Peter Wissinger president and chief executive officer.
    Since January 2000, Mr. Wissinger has served as president and chief operating officer of WFHM. He will continue to report to Mark Oman, the chairman of WFHM and a group executive vice president of WFHM’s parent, Wells Fargo & Co. Mr. Wissinger will continue to oversee finance at WFHM as well as emerging markets, sales, and operations. “Pete played a central role in helping our company achieve record earnings in 2000 — a year when many of our competitors either downsized or exited the business due to earnings pressure,” said Mr. Oman. Reporting directly to Mr. Wissinger will be Geoff Dreyer, managing director, risk management. Previously, Mr. Dreyer reported to Mr. Oman.

    Wells’s Earnings Up, but Mortgage Unit’s Down
    July 18, 2000
    Wells Fargo & Co., the San Francisco-based parent of one of the nation’s largest mortgage lenders, has reported record net income of $1.04 billion ($0.63 per share) in the second quarter, up 12% from $931 million ($0.55 per share) a year earlier.
    However, net income from Wells Fargo Home Mortgage was $62 million, down from $67 million a year earlier. Mark Oman, group executive vice president and chairman of Wells Fargo Home Mortgage, said the lower earnings “show the impact of the gap between originations of $18 billion and $11 billion of sales into the secondary market. Originations are the key driver of production costs, while secondary market sales are the key driver of production revenues. The seasonal nature of the home purchase market and our decision to portfolio on our balance sheet some of our ARM loans…resulted in the unusually wide gap between originations and deliveries.” The company’s website address is http://www.wellsfargo.com.

    Wells Fargo Reports Strong Earnings
    April 18, 2000
    Wells Fargo & Company, parent of the one of the nation’s largest mortgage lenders, reported record net income of over $1 billion in the first quarter.
    That was an increase of 14% from the first quarter of last year and the first time the company has exceeded $1 billion in a quarter. Net income from Wells Fargo Home Mortgage was $67 million, up from $66 million in the first quarter of last year. With refinancing activity down, Mark Oman, group executive vice president and chairman of Wells Fargo Home Mortgage said loan originations “are reflecting a more seasonal pattern.” However, he noted that slower prepayments helped on the servicing side of the business. The lower amortization expense related to the company’s $284 billion mortgage servicing portfolio allowed the company to report strong earnings despite the fall off in origination activity, Mr. Oman said.

    Wissinger Named Norwest Prez
    January 5, 2000
    Norwest Mortgage has promoted Pete Wissinger to be president and chief operating officer.
    Mr. Wissinger was managing director for sales and operations, primarily in charge of Norwest’s retail lending network. In his new position, the Norwest veteran will be in charge of retail and institutional lending, as well as servicing. He will also assume responsibility for finance, which previously reported to chairman and chief executive Mark Oman. “Pete’s promotion’s is a well-deserved tribute to his many proven abilities and accomplishments,” Mr. Oman said.

    Norwest’s 3Q Earnings Up
    October 19, 1999
    Norwest Mortgage Inc., Des Moines, Iowa, earned $70 million in the third quarter, up 25% from the $56 million recorded a year ago, according to Norwest’s parent, Wells Fargo & Co.
    Mortgage originations totaled $19 billion, down from $28 billion a year earlier and $23 billion in the second quarter. The company’s servicing portfolio totaled $274 billion at the end of the third quarter, up from $233 billion a year ago. “We reported an increase in mortgage company earnings despite a reduction in overall loan originations,” said Mark Oman, group executive vice president of Norwest Mortgage. “Our strong performance once again demonstrates the value of maintaining a balanced presence in both the origination and servicing businesses.” Wells Fargo’s website address is http://www.wellsfargo.com.

    Norwest Reports Record Earnings
    July 20, 1999
    Norwest Mortgage Inc., Des Moines, Iowa, has reported record earnings of $70 million for the second quarter, up 30% from the $54 million recorded a year ago.
    Mortgage originations totaled $23 billion, down from $26 billion a year earlier and $28 billion in the first quarter. Of the total, its retail business accounted for $13 billion, or 57%, and third-party originations (including correspondent and wholesale lending) accounted for the remaining $10 billion. The company’s servicing portfolio reached a record $266 billion at the end of the second quarter, up from $220 billion a year ago. “The continued growth in mortgage earnings, despite a decline in originations from the first quarter of 1999, reflects the balance we have built between our origination and servicing businesses,” said Mark Oman, chairman and chief executive officer of Norwest Mortgage. Norwest Mortgage is a subsidiary of Wells Fargo & Co. Wells Fargo’s website address is http://www.wellsfargo.com.

    Freddie, Norwest Form ‘Historic Alliance’
    March 24, 1999
    Freddie Mac and Norwest Mortgage have entered into what they call a “historic alliance” and “precedent-setting agreement” under which Norwest Mortgage will sell nearly 100% of its conventional, conforming loans to Freddie Mac.
    Under the alliance, Freddie Mac will buy mortgages originated via Norwest’s ECS automated underwriting system, and the two companies “will share their credit expertise to find ways to use their respective technologies in an effort to further streamline the approval process for borrowers.” Each company will use its own underwriting system. Mark Oman, Norwest Mortgage’s chairman and chief executive officer, noted that the companies have worked together over the years, but said under the new initiative they would “strengthen our efforts by working even more closely together to share data and information as well as align our underwriting processes.” John Fisk, executive vice president of Freddie Mac’s Single Family Securitization Group, said the companies “will leverage our respective automated underwriting expertise to tackle the most difficult loans, streamline our processes, and drive down costs for Freddie Mac, Norwest and, importantly, for borrowers.” The companies said they will develop new programs and products as part of the alliance, including alternative-A loans. Freddie Mac’s website address is http://www.freddiemac.com, and Norwest Mortgage’s is http://www.norwest.com/mortgages/index.htm.

    Norwest Tops $100B in Originations
    December 9, 1998
    Norwest Mortgage Inc., Des Moines, Iowa, has surpassed the $100 billion mark in single-family loan production — a first for the mortgage industry.
    “This is a major milestone that for years our industry viewed as unreachable,” said Mark Oman, chairman and CEO of Norwest Mortgage. Last year, Norwest produced $55.3 billion in residential loans, which at the time was a new record for both the company and the mortgage industry. Of the $100 billion in loans originated through Dec. 7, retail originations represented 51% of total production, while correspondent and wholesale volume accounted for 36% and 13%, respectively. Refinancings made up 52% of the mortgages originated by Norwest so far, although refi activity appears to be slowing down, according to figures released by Norwest. Refinancings represented 43% of the company’s total business in the third quarter, compared with 46% in the second quarter and 57% in the first.

    Norwest Reports Record 3Q
    October 16, 1998
    Norwest Mortgage Inc., Des Moines, Iowa, has reported record earnings of $56.0 million in the third quarter, up from $54.0 million in the previous quarter.
    Year-to-date earnings totaled $161.9 million, which already exceeds the company’s annual earnings of $151.0 million in 1997, Norwest Mortgage said. “Clearly, low interest rates have driven record volume,” said Mark Oman, chairman and CEO of Norwest Mortgage. “However, the natural balance between our servicing portfolio and diverse production channels contribute to our success regardless of the business environment.” Mortgage originations totaled a record $27.9 billion in the third quarter, compared with $26.0 billion in the second quarter. The company’s nine-month origination volume of $74.8 billion was nearly double the $38.7 billion recorded in the same period of 1997, when Norwest Mortgage set an industry record of $55.3 billion in originations. The company’s servicing portfolio reached a record $232.7 billion in the third quarter, up 6% from the previous quarter.

    Korell Resigns as IMX CEO
    August 3, 1998
    Mark Korell has resigned as chief executive of IMX Mortgage Exchange, San Ramon, Calif., MortgageWire has learned.
    He had been with the mortgage technology upstart for a year and resigned for “personal reasons,” said IMX executive vice president and founder Stephen Fraser. Mr. Korell joined the company from Norwest Mortgage Corp., Des Moines, Iowa, where he was second in command under Mark Oman. IMX operates a fledgling electronic network that acts as a marriage broker, of sorts, between wholesale mortgage lender/investors and loan originators. More than 3,000 individual loan officers are now on the system and IMX is operating in California, Oregon, and Arizona with plans to enter 10 more top markets by mid-year 1999. Mr. Fraser said IMX is “well capitalized” and noted that the company plans to go public within the next year or so. He said Mr. Korell owns a “huge block” of IMX’s privately held shares and will do well if the IPO becomes reality. After Mr. Korell left Norwest he was considered a candidate to manage Fleet Mortgage, a shop that has been in turmoil the past two years. Mr. Korell could not be reached for comment. IMX’s website address is http://www.imx-exchange.com.

    Norwest Mortgage Will Take Wells Name
    June 9, 1998
    Norwest Mortgage Corp., Des Moines, whose parent bank is merging with Wells Fargo Bank, San Francisco, will change its name to Wells Fargo Mortgage, NMC president Mark Oman has told MortgageWire.
    In an exclusive interview, Mr. Oman — who manages the nation’s largest lender/servicer — called the merger a “win-win” situation for NMC even though Wells, historically, has frowned upon the residential business. Mr. Oman said even though NMC has mortgage origination branches in markets where Wells has bank branches, he does not see any danger of overlap or mortgage-related layoffs. He said that in some cases NMC mortgage employees would move into Wells branches and operate there. Some mortgage analysts expected that, although the combined banks would take the Wells name, the mortgage division would retain the NMC name because of the brand recognition it carries. But Mr. Oman said he likes the Wells name and its “stagecoach brand.” Thanks to the merger, he also looks forward to cross-selling new products to “millions of new customers.”

    Wells & Norwest To Merge
    June 8, 1998
    Wells Fargo, which exited the mortgage business in April, is merging with Norwest Corp., Minneapolis, which owns the nation’s largest residential lender/servicer.
    Because Wells has no mortgage division, Norwest Mortgage Corp. chief Mark Oman likely will have no competition for the top spot once the two commercial banks combine. In April the San Francisco-based Wells sold its $34 billion servicing portfolio and platform to GMAC Mortgage. Although some banks have been gobbling up mortgage assets during the decade, others have been exiting the business entirely. When Wells sold its servicing it joined other large banks such as BancOne, Barnett, First Bank, and National City that have exited the business over the past two years. Ed Elanjian, managing director of Cohane Rafferty Securities, Harrison, N.Y., told MortgageWire that some commercial banks don’t like the high expense ratios that are involved in running a mortgage operation. He noted that some banks sell their mortgage divisions to make their expense ratios look better in preparation for a merger. At the end of March Norwest Mortgage was the nation’s largest mortgage banker, with $212 billion in servicing. In the quarter NMC produced $20.9 billion in residential loans.

  2. QUESTION: Why in 1998 ABS transactions did OTS supervise GMAC Mortgage Corporation who was NATIONSBANK NATIONAL ASSOCIATION OWNER 92/93 FOOTHILL GROUP INC,

    ‘MORTGAGE CORPORATION’ BUSINESS DONE THROUGH GMAC MORTGAGE CORPORATION

    Who acquired BANCO Mortgage in 1983, and in 1985 Norwest Mortgage, and in 1992/1993, Foothill Group Inc. and subsidiary Foothill Capital Group acquired Norwest Mortgage under care of UBS Financial Securities Administrator and BOA/NATIONS Bank…. which became
    WELLS FARGO & CO/MN

    As I look for the missing link, US Goverment not looking at Wells Fargo & Co., I wonder what I see that they don’t.

    Example: in 1998 Agreements with Norwest and GMAC the SEC Agreement identifies Office of Thrift Supervision OTS- WHY?

    In 2000, general purpose business entities business reported by Wells Fargo & Co/MN thru the FFIEC includes ‘Wells Fargo Home Mortgage, Inc..

    When the ‘OCC’ approved in 2003, Wells Fargo & Co. can merge all of the MORTGAGE CORPORATION business into ‘Wells Fargo Bank, National Association (SIOUX Falls, SD), who dropped the ball and allowed the businesess in existence to continue operating?

    How were the entities business transactions reported done thru the conduits?

    Once general purpose business entities registered with Secretary of States – no longer is the only change I can see. And, the parent, Wells Fargo & Co. operating as a financial holding company, no longer reported any of their financial transactions to the FFIED.

    Legally how did the existing entities continue doing business?

    Appears the US Government did not know in 1998 that GMAC Mortgage Corporation was not a thirft and savings entity? or was it?

    Who was the parent responsible for reporting financial information through the Federal Reserve Repository?

    Where were the dollars reported to the IRS or were they?

    The ‘private brand label’ is used as a franchise do they pay franchise taxes?

    They being the ‘MEMBERS’ who can get business only if they signup in MERS and do business as ‘Wells Fargo Bank NA’ over financial exchanges.

    ‘Wells Fargo Bank NA’ paid for the advertising.
    Is this like Mc Donalds? Has the US Goverment missed an opportunity to tax the commerce transactions?

    ‘Wells Fargo’ & ‘Home Mortgage’ afterall does represent two entities Wells Fargo Bank NA and? the reset unknown.

    FFIEC.Gov Report of ‘Banco Mortgage Corp’ reveals NATIONSBANC ACQUIRED IOWA SECURITIES COMPANY, ST. PAUL MN 12/31/1983. THEN ACQUIRED NORWEST MORTGAGE, INC. 6/28/1985. AND IN 1992/1993 A MAJOR ACQUISTION INCORPORATED GMAC-RFC & GMAC MORTGAGE CORP OF IOWA INTO ‘NORWEST MORTGAGE’ AND POSITIONED THEMSELVES TO ACQUIRE FORMER WELLS FARGO & CO/MN AND NORWEST CORP as an independent wholly owned American Doemstic subsidairy of a foreign organization (Foothill Group Inc.).

    #1 * WELLS FARGO & COMPANY (1120754) SAN FRANCISCO CA
    A Financial Holding Company – Domestic
    #2-* WELLS FARGO BANK, NATIONAL ASSOCIATION (451965) 1 SIOUX FALLS SD National Bank

    What about Norwest Mortgage dba (fictitious names) such as
    ‘America’s Servicing Company, 2701 Wells Fargo Way, Minneapolis MN? A MERS entity?
    What about fictitious name ‘GMAC Mortgage Corp’?

    #3 –* AMERICAN SECURITIES COMPANY OF MISSOURI (3076293) #2 SAN FRANCISCO
    CA Domestic Entity Other
    #8–* WELLS FARGO FOOTHILL, LLC (3197200) #2 SANTA MONICA CA Finance Company
    #35 –* WELLS FARGO HOME MORTGAGE, INC. (1632332) #2 DES MOINES IA Domestic Entity Other
    36 —* WELLS FARGO ASSET MANAGEMENT CORPORATION (1963371) #35 DES MOINES IA Domestic Entity Other
    37 —-* RESIDENTIAL HOME MORTGAGE INVESTMENT, L.L.C.(2292087) #36 DES MOINES IA Domestic Entity Other
    38 —* WELLS FARGO VENTURES, LLC (2330626) 35 DES MOINES IA Domestic Entity Other
    39 —-* PROSPERITY MORTGAGE COMPANY (2149828) 38 DES MOINES IA Domestic Entity Other
    53 —-* HOMESERVICES LENDING, LLC (2724047) 38 EDINA MN Domestic Entity Other
    56 —-* PINNACLE MORTGAGE OF NEVADA, LLC (2763103) 38 RENO NV Domestic Entity Other
    109 —-* TRICOM MORTGAGE, LLC (3210499) 38 MINNEAPOLIS MN Domestic Entity Other
    155 —* WELLS FARGO ASSET COMPANY (2733786) 35 DES MOINES IA Domestic Entity Other
    156 —* WELLS FARGO DELAWARE TRUST COMPANY (3120954) 35 WILMINGTON DE Non-deposit Trust
    Company -Non-member
    163 –* AMERICAN SECURITIES COMPANY OF NEVADA (2525329) 2 SAN FRANCISCO CA Domestic Entity Other
    ASSET MANAGEMENT, INC. (2535980) 2 LAS VEGAS NV Domestic Entity Other
    165 —* BLUE JAY ASSET MANAGEMENT, INC. (2253266) 164 LAS VEGAS NV Domestic Entity Other
    166 —-* ORCHID ASSET MANAGEMENT, INC. (2942168) 165 LAS VEGAS NV Domestic Entity Other
    167 —–* COPPER ASSET MANAGEMENT, INC. (1852877) 166 LAS VEGAS NV Domestic Entity Other
    168 ——* PELICAN ASSET MANAGEMENT, INC. (1852756) 167 LAS VEGAS NV Domestic Entity Other
    169 ——* VIOLET ASSET MANAGEMENT, INC. (3051946) 167 LAS VEGAS NV Domestic Entity Other
    170 ——-* WELLS FARGO PRIVATE CLIENT FUNDING, INC.(2971083) 169 SAN FRANCISCO
    CA Finance Company
    171 ——–* WELLS FARGO SECURITIES, LLC (2983367) 170 SAN FRANCISCO CA Securities Broker/Dealer
    172 ——–* WELLS FARGO INVESTMENT SERVICES, LLC (3146806) 170 SEATTLE WA Securities
    Broker/Dealer
    173 ——-* BITTERROOT ASSET MANAGEMENT, INC. (3016011) 169 MINNEAPOLIS MN Domestic Entity Other
    174 ——–* JERBOA FUNDING, LLC (3201899) 173 LAS VEGAS NV Finance Company
    175 ——–* SWEETROOT FUNDING, LLC (3210501) 173 MINNEAPOLIS MN Finance Company
    194 ——-* PHEASANT ASSET MANAGEMENT, INC. (1852840) 169 LAS VEGAS NV Domestic Entity Other
    196 ——-* WELLS FARGO FUNDING, INC. (1970614) 169 MINNEAPOLIS MN Domestic Entity Other
    197 ——-* INTRAWEST ASSET MANAGEMENT, INC. (2135429) 169 LAS VEGAS NV Domestic Entity Other
    216 –* NORTH STAR MORTGAGE GUARANTY REINSURANCE COMPANY (2608866) 2 BURLINGTON VT Domestic Entity Other
    222 –* IRIS ASSET MANAGEMENT, INC. (2996488) 2 LAS VEGAS NV Domestic Entity Other
    223 –* H.D. VEST INSURANCE AGENCY, LLC (3043352) 2 IRVING TX Domestic Entity Other
    225 -* FIRST COMMERCE BANCSHARES, INC. (1134993) 1 MINNEAPOLIS MN Domestic Entity Other
    226 –* + WELLS FARGO BANK, NATIONAL ASSOCIATION (451965) 225 SIOUX FALLS SD National Bank
    227 –* PROGRESS FOR PEOPLE, LLC (2602985) 225 LINCOLN NE Domestic Entity Other
    228 -* BANCSHARES INSURANCE COMPANY (1148990) 1 MINNEAPOLIS MN Domestic Entity Other
    229 -* WELLS FARGO INSURANCE, INC. (1149830) 1 SAINT LOUISPARKMN Domestic Entity Other
    256 -* NORTHERN PRAIRIE INDEMNITY LIMITED (1383577) 1 GEORGETOWN CAYMAN ISLANDS International Nonbank
    Sub of Domestic Entities
    259 –* SUPERIOR GUARANTY INSURANCE COMPANY (1843455) 256 BURLINGTON VT Domestic Entity Other
    257 –* FNL INSURANCE COMPANY (1049060) 256 BURLINGTON VT Domestic Entity Other
    258 –* BANCSHARES INSURANCE COMPANY (1148990) 256 MINNEAPOLIS MN Domestic Entity Other
    261 -* TEXAS FINANCIAL BANCORPORATION, INC. (1831760) 1 MINNEAPOLIS MN Domestic Entity Other
    Institution History for NORWEST MORTGAGE, INC. (1037124)

    * Institutions Matching Selection Rule.
    + For purposes of Regulation Y, the top-tier reporter’s ownership level in this banking organization does not meet the definition of
    “control”; however, the ownership level does meet the FY Y-10/10F reportability criteria as this banking relationship is regulated by the
    Federal Reserve.
    ^ Although this relationship is not governed by U.S. banking statutes, it is included because it is of interest to the Federal Reserve.

    4 institution history record(s) found.

    Event Date Historical Event
    1969-07-10 IOWA SECURITIES COMPANY located at SAINT PAUL, MN was established as a Domestic Entity Other.
    1973-12-31 IOWA SECURITIES COMPANY was renamed to BANCO MORTGAGE COMPANY and moved to MINNEAPOLIS, MN.
    1983-12-31 BANCO MORTGAGE COMPANY was renamed to NORWEST MORTGAGE, INC..
    1985-06-28 NORWEST MORTGAGE, INC. was acquired by NORWEST MORTGAGE, INC..

    You asked for:
    NORWEST MORTGAGE, INC.

    This institution has been acquired and renamed (see Institution History). The current information is:
    WELLS FARGO HOME MORTGAGE, INC.
    405 SOUTHWEST 5TH STREET
    DES MOINES, IA, UNITED STATES 50309

    Institution Type: Domestic Entity Other

    RSSD ID: 1632332

  3. Information from State of Maryland:

    I focused on Maryland for the early 1990’s Lehman Brothers the Underwriter for the private family trust (foreign money) of the Frederick MD Brokers and Frederick MD non-Brokers.
    Nationsbanks significant acquisitions of ‘SERVICERS’ including INDYMAC-Countrywide,Norwest…now OneWest…
    1992/1993 NATIONSBANK (BOA Agent) UBS Financial –NY (Securities Investor) Foothill Group Inc. acquisition of Norwest Corp (included 1985 GMAC Mortgage of Iowa and Residential Funding). In Agreements, as SERVICER, appears ‘Wells Fargo Bank NA’ using a private brand label allow non-bank entities privileges of superior consumers ‘banks .
    ________________________________________
    NATIONSBANK COMMUNITY DEVELOPMENT CORP
    101 S. Tryon St, 18th Fl
    Charlotte NC 28255-00001
    401 N TRYON ST NC1-021-02-20
    CHARLOTTE, NC 28255
    Old Name: BANC OF AMERICA COMMUNITY DEVELOPMENT CO
    401 N TRYON ST NC1-021-02-20
    CHARLOTTE, NC 28255

    Requalification: 2/4/2002 (F4055737) MD
    Banc of America Community Development Corporation
    10 Light Street, 18th Floor
    Baltimore MD 21202-1435
    ‘Inter & Intra state business’ as a Foreign Corporation
    Nancy M. Crown, SVP
    Agent:
    Corporation Trust Incorporated, Allan Farnell VP Resident Agent
    Revised 8/98
    Maryland Date Stamped 2/2002

    Foreign Corporation Qualification/Requalification

    6/15/2000 MERGER
    THIS AMENDMENT RECORD INDICATES THE MERGER INVOLVING THE FOLLOWING ENTITIES:
    SURVIVOR: (F04055737) BANC OF AMERICA COMMUNITY DEVELOPMENT CORPORATION.
    MERGED ENTITIES: (D02663821) MARYLAND NATIONAL COMMUNITY DEVELOPMENT CORPORATION
    —————————————————–

    REVIVED ‘Good Standing’
    Qualification of Formation: 1/19/1995
    Agent Address Change 11/17/1997
    Statement of Name Change 10/2/1999
    THIS AMENDMENT RECORD INDICATES THE NAME CHANGE FROM: NATIONSBANK COMMUNITY DEVELOPMENT CORPORATION TO: BANC OF AMERICA COMMUNITY DEVELOPMENT CORPORATION

    NATIONSBANK TRUST COMPANY, NATIONAL ASSO

    101 S TRYON ST
    CHARLOTTE, NC 28255 0001

    NATIONSBANK OF VIRGINIA, N.A.
    CORPORATE TAX DEPT.
    P. O. BOX 4899

    NATIONSBANK OF NORTH CAROLINA, N.A.
    CORP CTR NC 1007 19 03
    CHARLOTTE, NC 28255
    ATLANTA, GA 30302

    NATIONSBANK OF MARYLAND, NATIONAL ASSOCI
    PO BOX 4899
    ATLANTA, GA 30302

    NATIONSBANK OF MARYLAND
    CORPORATE TAX DEPT.
    P. O. BOX 4899
    ATLANTA, GA 30302

    NATIONSBANK, NATIONAL ASSOCIATION (CAROL
    401 NORTH TRYON STREET
    CHARLOTTE, NC 28255

    NATIONSBANK, NATIONAL ASSOCIATION
    M/S 020702
    100 S CHARLES ST
    BALTIMORE, MD 21201 2725

  4. Wells Fargo & Co/MN Norwest Corp,
    Sixth Street and Marquette Avenue, Minneapolis, Minnesota 55479-0113, Attention: Option One Series 2007-FXD2,

    Option One Mortgage Loan Trust 2007-FXD2 ·
    8-K · For 3/23/07 · EX-1.1

    Filed On 4/19/07 4:50pm ET · SEC File 333-130870-07 · Accession Number 882377-7-1131

    8K 4/19/07

    OPTION ONE MORTGAGE ACCEPTANCE CORPORATION,
    Depositor

    OPTION ONE MORTGAGE CORPORATION,
    Servicer

    and

    WELLS FARGO BANK, N.A.,
    Trustee

    POOLING AND SERVICING AGREEMENT

    Dated as of March 1, 2007

    Option One Mortgage Loan Trust 2007-FXD2

    Asset-Backed Certificates, Series 2007-FXD2

    Underwriting Agreement
    March 23, 2007

    Greenwich Capital Markets, Inc.
    600 Steamboat Road
    Greenwich, Connecticut 06830 Banc of America Securities LLC
    214 North Tryon Street
    Charlotte, North Carolina 28255

    Deutsche Bank Securities Inc.
    60 Wall Street
    New York, New York 10005 J.P. Morgan Securities Inc.
    270 Park Avenue
    New York, New York 10017

    Lehman Brothers Inc.
    745 Seventh Avenue
    New York, New York 10019 Merrill Lynch, Pierce, Fenner & Smith Incorporated
    4 World Financial Center
    New York, New York 10080

    H&R Block Financial Advisors Inc.
    719 Griswold Street
    Detroit, Michigan 48226

  5. IF YOU HAVE NOT YET SEEN THESE EXHIBITS FROM THE US SENATE PERMANENT SUBCOMMITTEE ON INVESTIGATIONS AND THE HEARING ON WALL STREET & FINANCIAL CRISIS -THE ROLE OF INVESTMENT BANKS FROM APRIL 27, 2010–CHECK IT OUT!!

    HAS THE EMAILS BETWEEN GOLDMAN SACHS EMPLOYEES

    INCLUDES INFORMATION ON THE ANDERSON MEZZANINE, THE HUDSON MEZZANINE, TIMBERWOLF ETC.

    LISTS HUNDREDS OF SECURITIES TRUSTS, INCLUDING JPMAC

    http://www.scribd.com/doc/51179484/TREASURE-TROVE-EXHIBITS-FROM-HEARING-ON-WALL-STREET-FINANCIAL-CRISIS-THE-ROLE-OF-INVESTMENT-BANKS-APRIL-27-2010

  6. neidermeyer:

    This is option One Mortgage Securities NIM Trust 2007-FXD2.
    CIK# is 0001393727
    You should be able to get all the info you need by getting the Prospectus 424B at EDGAR online.

    fightingfraud@live.com

  7. Any idea who the investor for this cusip is?

    CUSIP 68403DAA9. There is a secondary CUSIP OPN07FXOT associated with this CDO product that I believe to be the portion retained by Option One as the suffix “OT” would stand for “owners trust” or “originators trust”

  8. Please subscribe me to your email list so I can get your postings. Thank you.

Leave a Reply

%d bloggers like this: