Credit Card Giant Expands Into HomeEquity Lending

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McLEAN, Va. - (12/20/04 -- Capital One Financial Corp., one ofthe largest credit card banks in the country, agreed last week toacquire eSmartloan, a provider of home equity loans, from thecompany's management and National Bank of Kansas City, for $155million. eSmartloan, based in Overland Park, Kan., is expected topost $1 billion in home equity loans for 2004. Capital One is thenation's second largest credit card-only bank, with more than $70billion in assets.

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