Mortgage Mess

Article of the Day: Jumbo Mortgage Rates Too High Compared To Non-Jumbo Mortgage Rates

Discover Card - Mortgage Mess Spills Over

Posted:Aug. 13, 2008
01:02 PM

The mortgage meltdown is spilling over to other financial companies like Discover Financial Services the issuer of Discover Card. Discover stock price dropped yesterday 6.8 percent closing at $14.34 per share.
Discover Card Not Alone In Mortgage Crisis
Early in the week JPMorgan Chase and Co. reported to regulators it’s mortgage related losses topped $1.5 Billion [...]

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