Moody's says E-Trade is positioned to weather mortgage market troubles
Story date: 2007-10-09 12:17:00
Added on: 2007-10-09 18:00:20
CNBC - In September, E-Trade said it would exit its wholesale mortgage business due to bad home loans. The ratings service noted that E-Trade has reduced its outstanding acquisition debt over time, while cash flows have grown and cash flow leverage has ...
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