C.D. Davies, president of Wachovia Mortgage, Charlotte, N.C., has resigned from the company, effective Oct. 31, MortgageWire has learned.Mr. Davies had been with the bank-owned lender for 18 years. As part of a reorganization, the bank named Jim Judd head of its retail mortgage and credit group. Mr. Judd joined Wachovia from World Savings/Golden West Financial of Oakland, a thrift the bank recently purchased. Mr. Judd was president and chief operating officer of World Savings, a subsidiary of Golden West. Three senior officials at Wachovia Mortgage -- David Pope, Tim Wilson, and Rich Fikani -- will report directly to Mr. Judd. Messrs. Fikani and Wilson, like Mr. Judd, came from Golden West. Wachovia can be found online at http://www.wachovia.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry