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Genworth climbs on possible sale of insurance unit (AP) Shares of Genworth Financial Inc. climbed Tuesday after the mortgage insurer said it is considering various strategic alternatives for its U.S. mortgage-insurance business, including a possible spinoff. yahoo.comAIG sells stake in London City airport The US insurance group has sold its 50% stake in London City airport as it embarks on a disposal programme to repay the $85bn US government rescue loan FT.comBrown Hails Bradford & Bingley Deal Gordon Brown has said he will do "whatever it takes" to ensure financial stability in the UK after bailing out mortgage lender Bradford & Bingley. The Prime Minister said the Government had stepped ... The UK NewsGenworth reviews US mortgage insurance business (AP) Mortgage insurer Genworth Financial Inc. said Tuesday that it is considering various strategic alternatives for its U.S. mortgage-insurance business including a possible spin off, sending shares sharply higher in premarket activity. yahoo.comMortgage growth slowest since 1987 (RTÉ News) Figures from the Central Bank show that the annual rate of growth in mortgage lending dropped to its lowest level in 21 years in August. Residential mortgage lending was up 9% compared with the same month last year, the lowest annual rate since mid-1987. rte.ieQ&A: What Does the Wachovia Buyout Mean to You? Wachovia has a major presence throughout the United States, and the agreement with Citigroup will affect deposits and loans with thousands of consumers.... Hispanic BusinessWhat a $25B auto loan might buy President Bush may be set to sign into law $25 billion in low-interest loans to help automakers and auto parts suppliers make fuel-efficient vehicles, but don't expect a rush of new hi-tech ultra-clean cars. CNNFannie, Freddie disclose subpoenas, investigations (AP) AP - Adding to their woes, mortgage finance giants Fannie Mae and Freddie Mac are facing a federal grand jury investigation into their accounting practices. yahoo.comCall it a longstanding debt, not a bailout Over the weekend, Congress formally approved a continuing resolution that included $25 billion in low-interest loans for the auto industry to speed its transition to more fuel-efficient vehicles. CNN MoneyADB Provides Pakistan with $500 Million to Accelerate Economic Transformation (30 September 2008) - The Asian Development Bank has approved a $500 million loan to support Pakistan's efforts to address harm done to poor families and the country's economy by unprecedented international food and fuel price hikes. adb.org1 2 3 4 |
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