Genworth Financial
Latest Posts
Genworth’s MI Segment Loses $134m
Jul 31, 2009Genworth Financial’s [stock GNW][/stock] mortgage insurance operation lost $134m in Q209 amid an environment of high mortgage defaults, and revenue from the rest of the company’s insurance operations could not make up for the loss. Overall, the firm lost $50m in the quarter ($0.11 per share), a relative improvement over the company’s $109m loss in Q208. Genworth’s US mortgage insurance sector took a hard hit as it continued to incur losses, despite increasing loss mitigation efforts, which saved the company $188m.
-
Genworth Bumps 136 Metros From ‘Distressed’ List
Jul 20, 2009 -
Genworth Sees HARP’s Higher LTV Lifting Sand States
Jul 15, 2009 -
Genworth Shares Tumble After TARP Rejection
Apr 13, 2009 -
Capital Investments Slow Near Bottom of TARP Barrel
Apr 10, 2009 -
Mortgage Defaults Continue to Rise, MI Firms Say
Dec 01, 2008 -
GMAC Latest to Seek Bank Status, Access to Treasury Funds
Nov 20, 2008 -
Genworth Files for Savings and Loan Holding Company Status
Nov 17, 2008 -
Mortgage Insurers See Borrower Defaults Jump
Nov 03, 2008 -
Mortgage Insurers Taking Active Role in Education, Loss Mitigation
Oct 21, 2008
