Genworth Seeks a $450 Million Senior Secured Loan

Genworth Financial Inc. may use the value of its stake in its Canadian mortgage insurance unit, Genworth MI Canada Inc., to borrow $450 million from investors. The Richmond, Virginia-based insurer announced Monday that it has started the process of seeking a $450 million senior secured term loan.
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The Real Estate Authority, the government agency responsible for licensing and regulating the real estate industry, has set up an information website for people that are buying or selling property. The REA says the need for an independent source of information for buyers and sellers was highlighted by
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Active listings posted a 10 percent drop compared to January last year, with 1,180 active listings for January 2018 compared to 1,307 in January 2017. New listings saw a slight 2 percent increase with 617 new properties added to the market in January compared to 604 in the same month a year ago.
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CHICAGO, Feb. 13, 2018 /PRNewswire/ — Stout is pleased to announce that Stephanie Davies and Blake Otté have joined as Co-Heads of Sponsor Coverage in the Investment Banking group. Stephanie and Blake will provide a dedicated focus to the firm's robust network of premier middle market
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Founded in 1971, international insurance brokerage Charles Monat was acquired by Willis in 2014, before a management buyout last year. Today, Wong says, the two companies remain on very good terms and continue their strategic partnership. With a background in private banking, Wong started his
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Russia's President Vladimir Putin, right, and Japan's Prime Minister Shinzo Abe are seen ahead of a news conference in Moscow on April 27, 2017. Photographer: Mikhail MetzelTASS via Getty Images. Russia is accelerating a military buildup on islands claimed by Japan, threatening to blow a hole in
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Among traditional currencies, only the yen, dollar and euro are used more often than the Korean won to trade Bitcoin, according to CryptoCompare.com. Bitcoin rose 3.3 percent to 8,841.05 as of 12:34 p.m. in Hong Kong, according to Bloomberg composite pricing. — With assistance by Kyungji Cho.
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The nation's biggest bank is also the fastest – at least in this case. Commonwealth Bank customers can now sign up to the new payment method. CBA said all customers need to is register a 'PayID' through the banking app – which means they no longer have to provide their BSB and account number
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Citigroup Inc., owner of Mexico's second-largest bank, said the Latin American nation would suffer along with the U.S. and Canada if the Trump administration abandons the North American Free Trade Agreement. “We certainly hope it doesn't happen because it's a negative for all three countries and it
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Republican Senator Bob Corker of Tennessee is “listening closely” to people in his home state who are urging him to give up his plan to retire and instead seek re-election in November, the senator's spokesman said Tuesday. Corker had announced in September that he wouldn't seek re-election, part of
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The Susan Chambers Dance Company will be performing 'The Trial of Mother Goose' for over 1,000 Title 1 students at the Infinite Energy Theater on … The Company makes dance performances available to all age groups for the benefit of the entire local community, including those who otherwise would
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Mann will be officially sworn in as the state's 50th lieutenant governor at 4:30 p.m. at the Statehouse. Mann, 41, is currently the managing director and principal of Newmark Grubb Zimmer, a commercial real estate company headquartered in Kansas City. Before joining that company, he served as senior
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Newport News city officials and Newport News Shipbuilding broke ground Tuesday on land where a 95,000-square-foot building will hold more shipyard offices and a space for children interested in refining their science, technology, engineering and math (STEM) skills. Construction at 550 30th St. is
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Per the U.S. Census Bureau, over half of U.S. homes are occupied by the owner. Of those homeowners, over half have a mortgage that they pay interest on. For most, having a mortgage is part of owning a home and people often spend a significant portion of their life making payments on their mortgage.
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All the Wolves' winning has led to a big boost in ticket sales – and neighboring business are also celebrating, reports Jeff Wagner (2:42). WCCO 4 News At 10 – February 13, 2018.
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Bloomberg/Bloomberg Inside A Kroger Co. Store Ahead Of Earnings Figures. (Bloomberg) — In what would be one of the biggest shakeups of the U.S. food-stamp program in its five-decade history, President Donald Trump is proposing to slash cash payments and substitute them with “100 percent
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Lowe's continues to trail behind Home Depot in terms of revenue, EPS, and same-store growth. Despite trailing Home Depot, Lowe's has made strategic investments to grow store count and e-commerce at higher rates than Home Depot. With recent activist investor influence on the board, I expect these
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The company shared the numbers with technology news site the Information after the call and confirmed them to Bloomberg. Khosrowshahi said on the investor call that UberEats had reached a $4 billion gross revenue run-rate in the fourth quarter, which means food delivery will represent about 10
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Our client, a global bank are looking to recruit an experienced Escalations or Complaints professional. This is a rare opportunity to join a growing organisation and one that offers career progression and development. As a Senior Escalations Officer, you will be responsible for providing an exceptional
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The panel include: Bruce McPherson, Santa Cruz County supervisor; Barbara Mason, county economic development coordinator; Cynthia Chase, Santa Cruz City Councilwoman; Linda Chatten, CIF Property Management; Deidre Hamilton, Hamilton Land Planning; Jody Steck, Surf City Rentals, and
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