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Choicepoint Responds

By Faisal Laljee

Mr. Chuck Jones of Choicepoint posted a comment to my previous post that I wish to highlight. I appreciate his feedback. Here is an extract from his original comment: “Your presumption of ChoicePoint’s involvement in the subprime mortgage market is grossly overstated. Our company is not ‘very heavily levered towards subprime,’ as you wrote.On January... »

Mortgage Fallout Will Shelter Countrywide but hurt Choicepoint and Bankrate

By Faisal Laljee

The fallout from last month’s subprime headlines did not have any impact on players not involved directly with the mortgage business. In fact, while the stocks of all mortgage lenders dropped off a cliff, companies that have exposure to the mortgage sector, but that don’t directly participate in the lending process have kept their... »

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