Capital One confirmed it is closing the home equity lending business it acquired in the purchase of Discover. The news first appeared in a Reddit thread last week and then in Home Equity Lending News ...

Home Equity Lending News first reported on the topic. Under the terms of the deal, Capital One shareholders now own 60% of the combined company, with the remaining 40% held by Discover shareholders.

Capital One Financial Corporation (NYSE: COF) is one of the most undervalued NYSE stocks to buy now. On July 7, Capital One announced its decision to wind down Discover’s home equity lending ...