Wednesday, 16 January 2013
Genworth would separate its mortgage insurance business
Posted on 09:59 by Unknown
Best Insurance stock - Genworth would separate its mortgage insurance business : Genworth Financial Inc said it would separate its mortgage insurance business into a new company, as the company looks to insulate itself from its troubled mortgage insurance unit, sending its shares up 4 percent before the bell.Mortgage insurers have been struggling to recoup their losses after the housing bubble
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