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April 15, 2007
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Capital One to Close Mortgage Unit
Mon, 20 Aug 2007 20:56:10 GMT | New York Times
Capital One said it would stop making new mortgages through brokers, citing a weaker profit outlook for that business amid current mortgage market difficulties.
Capital One to Close Mortgage Unit
Mon, 20 Aug 2007 22:00:31 GMT | New York Times
Capital One said it will cut 1,900 jobs and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the nation?s housing and mortgage markets.
Capital One closes GreenPoint mortgage unit
Mon, 20 Aug 2007 21:38:31 +0000 | Newsvine
Capital One Financial Corp. said on Monday it would stop making new mortgages through brokers, citing a weaker profit outlook for that business amid current mortgage market difficulties. Shares sank 3.6 percent in after hours trading on the New York Stock Exchange Monday.
Capital One and the mortgage domino effect (at Fortune)
Mon, 20 Aug 2007 23:34:00 GMT | Yahoo! Finance
As Capital One shuts its mortgage operations, experts say more commercial banks are teetering on shaky ground. Fortune's Katie Benner reports.
Capital One to Close Mortgage Unit
| Findory News
New York Times: Capital One said it will cut 1,900 jobs and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the nation’s housing and mortgage markets.
Capital One Closing Mortgage Unit
| Findory News
Washington Post: -- Capital One Financial Corp. said Monday it will cut 1,900 jobs and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the nation's housing and mortgage markets.
| Findory News
SFGate: Capital One Financial Corp. said Monday that it will cut 1,900 jobs - including 500 in Marin County - and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the nation's housing and credit markets. Capital...
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