AP – Taiwanese regulators on Tuesday rejected Primus Financial Holdings’ planned purchase of AIG’s Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China.
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AP – Attorney General Lisa Madigan filed a lawsuit Tuesday against Countrywide, alleging the fallen mortgage industry giant discriminated against blacks and Latinos buying home mortgages in Illinois.
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Reuters – Prudential Plc’s bid for AIG’s Asian life insurance unit was close to collapse on Tuesday after the two failed to negotiate a price cut, raising questions about the future of the British insurer and its chief executive.
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Reuters – Senate Republicans moved on Tuesday to kill part of a far-reaching Democratic Wall Street reform bill that seeks to crack down on mortgage securitization, a financial practice blamed widely for helping to inflate the subprime mortgage bubble.
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Reuters – Senate Republicans moved on Tuesday to kill part of a far-reaching Democratic Wall Street reform bill that seeks to crack down on mortgage securitization, a financial practice blamed widely for helping to inflate the subprime mortgage bubble.
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Reuters – Senate Republicans moved on Tuesday to kill part of a far-reaching Democratic Wall Street reform bill that seeks to crack down on mortgage securitization, a financial practice blamed widely for helping to inflate the subprime mortgage bubble.
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Reuters – The Senate on Tuesday voted to reject a Republican measure that would have moved housing finance giants Fannie Mae and Freddie Mac out of government conservatorship within two years.
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Reuters – The Senate on Tuesday voted to reject a Republican measure that would have moved housing finance giants Fannie Mae and Freddie Mac out of government conservatorship within two years.
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Reuters – The Senate on Tuesday voted to reject a Republican measure that would have moved housing finance giants Fannie Mae and Freddie Mac out of government conservatorship within two years.
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Reuters – It is unclear how much U.S. taxpayers will eventually have to shell out to help mortgage finance giants Fannie Mae and Freddie Mac, the regulator of the two companies said on Tuesday.
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