Wachovia Preferred Funding

Wachovia Preferred Funding Corp. is a financial entity focused on acquiring, holding, and managing domestic mortgage assets and other authorized investments. Established as a direct subsidiary of Wachovia Preferred Funding Holding Corp., it is also an indirect subsidiary of both Wells Fargo & Company and Wachovia Bank, National Association. The company operates with a strategic focus on managing mortgage-related investments while ensuring compliance with regulatory standards. Wachovia Preferred Funding has a subsidiary, Wachovia Real Estate Investment Corp., which functions as a real estate investment trust, and another subsidiary, Wachovia Preferred Realty, LLC, in which it holds a significant majority stake. The firm is headquartered in Charlotte, North Carolina, and reflects a commitment to managing financial assets within the broader framework of its parent companies.