MoneyRates Blog

Mortgage Lender’s Stocks Ripped by Subprime Exposure

August 22, 2007
By MoneyRates team | Money-Rates Columnist

A snapshot look at the returns of some of the highest profile mortgage lenders reveals significant losses to shareholders. The returns listed below represent the decline from the 52-week high to today’s 1:30 CST market price.
Countrywide Financial (CFC) -53.1%
IndyMac Bancorp (IMB) -50.8%
E*Trade Financial(ETFC) -41.4%
Popular Inc(BPOP) -37.4% (owner of E-Loan.com)
Bear Stearns Company (BSC) -33.5%
Lehman Bothers(LEH) -33.5%
H&R [...]

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