Cap One Mortgage - another one bites the dust...

[cgmiller63]

I just read on Yahoo that Cap One is closing its wholesale "just better than sub-prime" mortgage business. This will cost them $860 million. Maybe that's why they are ratejacking their credit card customers in September.

http://biz.yahoo.com/ap/070820/capital_one_financial_wholesale_mortgages.html?.v=8

Message Edited by cgmiller63 on 08-20-2007 06:43 PM