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Home » Store » News » Losses on Mortgage Holdings Force Drastic Changes But E*Trade Sticks With Online Lending Business

Losses on Mortgage Holdings Force Drastic Changes But E*Trade Sticks With Online Lending Business

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E*Trade Financial may be best known as an online brokerage, but it was mortgage holdings that nearly torpedoed the company last month and cost CEO Mitch Caplan his job. The company announced in September that it would get out of the secondary mortgage market...
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