Finance
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AIG Buys Popular’s Equity One for $1.5 Billion
Jan 23, 2008AIG unit American General Finance, Inc. will purchase Equity One, the U.S. consumer finance operations of Puerto Rico-based Popular, Inc., in a deal worth $1.5 billion. The sale includes “a signficant portion” of Equity One’s mortgage loan and consumer loan portfolio, Popular said in a press statement Wednesday morning. “We are doing the things we have to do in the U.S. mainland as we focus on our core banking franchise,” said Richard L. Carrion, CEO at Popular.
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Report: Fannie Mae Faces Questions on Mortgage Insurance Exposure
Jan 23, 2008 -
MGIC: Q4 Paid Losses Pegged at $1.3 Billion
Jan 22, 2008 -
Credit Suisse: GSEs Face $16 Billion in Losses
Jan 22, 2008 -
Rumor Mill: JPMorgan Interested in Wells, Merrill?
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Fifth Third Q4 Earnings Hurt by Charges; Residential Mortgage Charge-Offs Double
Jan 22, 2008 -
Ghost of First Franklin Helps Swing National City to Q4 Loss
Jan 22, 2008 -
Bank of America Sees Fourth Quarter Profit Plunge 95 Percent
Jan 22, 2008 -
Commentary: Anatomy of a Downgrade
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Twelve ABX Indices Hit All-Time Lows
Jan 18, 2008
