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Showing results for Washington Insurance Guaranty Assocation
...Assured Guaranty provides a niche type of insurance that pays out to lenders if a borrower defaults on its loans....
...It is that the general underlying thought behind the use of the word “guaranty” with respect to bank deposits is that you guaranty bad banks as well as good banks and the minute the government starts to...
...Moreover, the Washington-based company raised its 2016 outlook for postpaid subscriber growth and now expects between 3.7m and 3.9m, up from 3.4m to 3.8m previously....
...Mr Hancock's initiatives include a stock market launch this year of AIG's mortgage insurance arm, United Guaranty....
...PMI Group and Triad Guaranty filed for bankruptcy protection, leaving Genworth, Radian Group, United Guaranty, Mortgage Guaranty Insurance Corporation (MGIC) and Arch as the “legacy” survivors with mortgage...
...resolution and guaranty fund systems,” he said....
...The 54-year-old University of Michigan Law School graduate began his career as a litigator at a law firm in Miami, Florida, before moving to the Federal Deposit Insurance Corporation in 1991....
...The stance taken by United Guaranty, an AIG subsidiary that sells mortgage insurance to lenders, undermines efforts by the Obama administration and US-controlled mortgage financiers Fannie Mae and Freddie...
...Let’s also not forget Washington Mutual and Wachovia, victims of residential mortgage problems, which no longer exist as independent entities....
...Assured Guaranty, the Bermuda-based bond insurer in which Wilbur Ross, the US financier, is a large shareholder, agreed to buy FSA for an enterprise value of $1.45bn....
...“The emerging world has taken out a lot of insurance against potential problems”....
...Privately-held bond insurer Financial Guaranty Insurance Company (FGIC) on Friday asked regulators to approve a plan aimed at splitting the company in two....
...He pulls up a chart that shows the price of credit insurance on securities firms such as Lehman Brothers and Merrill Lynch, and then compares that with the price for Washington Mutual, the seventh-largest...
...Previously, Triad Guaranty, one of the smallest mortgage insurers, had been downgraded to triple B by Fitch, Moody’s and S&P....
...Both are designed to avert the need for a government bail-out of the Pension Benefit Guaranty Corporation, the federal agency that underwrites private schemes. Mr Bush?...
...The US Pension Benefit Guaranty Corporation, a government-sponsored safety net for corporate pension benefits, on Friday urged Congress to change rules that govern its funding as it announced losses that...
...The sharp deterioration in the Pension Benefit Guaranty Corporation's finances prompted Bradley Belt, chief executive of the government created pension insurance fund, to appeal to Congress to stop its slide...
...“They go from the narrow role of administering the insurance programme, to the future of the defined benefits system as a whole, to the wider issue of retirement security.”...
...That year her government abolished the ceiling on employer national insurance contributions, Britain's payroll tax, which increased the rate levied for higher income employees by 10.45 percentage points....
...If it goes ahead, it would be the largest ever termination, transferring $6.4bn in liabilities to the Pension Benefit Guaranty Corporation, an already-stretched federal insurer....
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