Index changes involving a mortgage lender and a home equity lender have been announced by Standard & Poor's Financial Information Services.Sovereign Bancorp, Wyomissing, Pa., has moved from the S&P SmallCap 600 Index to the S&P MidCap 400 Index, replacing Fred Meyer, which moved to the S&P 500 Index. AmeriCredit Corp., Fort Worth, Texas -- a finance company that originates and sells home equity loans as well as buying, securitizing, and servicing auto loans -- has replaced Sovereign in the SmallCap 600 index.
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