S&P Maintains Rating for Capital One (AP via Yahoo! Finance)
In some states, including Texas, Pennsylvania, and Wisconsin, the sale of lottery tickets on a credit card is specifically prohibited by law. As with online or casino gambling, the concern seems to be that consumers who buy lotto tickets on credit could wager more than they can afford to spend.
S&P Maintains Rating for Capital One (AP via Yahoo! Finance)
Standard & Poor's Ratings Services said on Tuesday it would maintain its credit rating for Capital One Financial Corp. despite the company's announcement on Monday that it would close its GreenPoint Mortgage business.
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Capital One drops mortgage banking business (Houston Chronicle)
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 through a credit crunch in the nation's housing market.
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Capital One shuts wholesale mortgage unit, cutting 1900 jobs (Market Watch)
SAN FRANCISCO (MarketWatch) -- Capital One Financial said late Monday that it is closing its wholesale mortgage business and cutting 1,900 jobs as the credit card giant loses confidence in the profitability of originating home loans, then selling them in secondary markets.
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TheStreet.com TV Recap: Give Capital One Credit (TheStreet.com)
It's learned its mortgage lesson. Now the company can focus on its lucrative credit card operation.
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Opening bell: Credit worries continue (Investment Executive)
Wall Street futures suggested a flat opening Tuesday after U.S. credit-card giant Capital One Financial Corp. said it is closing its wholesale mortgage business and cutting 1,900 jobs.
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Capital One cuts 1,900 jobs, closes wholesale mortgage business (KATC 3 Lafayette)
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 through a credit...
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Capital One cutting 1,900 jobs (The Star Online)
NEW YORK: Capital One Financial Corp said on Monday it will eliminate 1,900 jobs and shut a wholesale mortgage unit it acquired less than a year ago, as it struggles with the US housing downturn.
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Capital One cuts 1,900 jobs, shuts mortgage arm (USA Today)
Another subprime shoe drops. Capital One Financial Corp., one of the nation's biggest credit-card issuers and a big home lender, says it will cut 1,900 jobs and close GreenPoint Mortgage, its wholesale mortgage business. The company headquarters are in McLean,...
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Capital One to cut jobs, close mortgage business (The Providence Journal)
GreenPoint Mortgage had served borrowers with slightly better credit than subprime borrowers. Capital One will continue to sell other mortgages.
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Capital One eliminates 1,900 jobs (Sarasota Herald-Tribune)
MCLEAN, Va. -- Capital One Financial Corp. said Monday it will cut 1,900 jobs and close its wholesale mortgage banking business, a move that comes as lenders continue to struggle through a credit crunch in the nation's housing market.
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S&P Maintains Rating for Capital One (AP via Yahoo! Finance)
Meanwhile, examples of self detection include when consumers contact a business they had an account with, by monitoring their accounts through the Internet or ATM, by looking over a credit report, or by reviewing their accounts via paper statements.
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