Neitheraborrowerorlenderbe

Wachovia Halts Wholesale Mortgages; Bank of America Won't Guarantee Countryside Debt

Wachovia may not have been supporting the credit brokers as they may have been doing business in areas outside the bank's footprint. Wachovia, in general, appears to want to stop providing credit to non-depositors. If they are making money off you in deposits, they'll be willing to make more money off you in extending credits.