Genworth Financial – Extending and Pretending Again
*16th Time Is A Charm: Clearly, Genworth Financial (GNW.US) [Genworth] has no other prospects and we don’t think for a moment that China Oceanwide...
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Genworth Financial - Believe It When You See It
*No Money, Yet Deal Still On: After last night’s close of business, Genworth Financial (GNW.US) [Genworth] released an update on China Oceanwide’s...
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HSBC – Not Quintessential Recovery Bank
It is not easy to be excited about HSBC Holdings (HSBA LN) even if there are increasing signs of recovery in many areas where this global behemoth...
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US Banks – Surging Deposits
Banks will want to lend. They are overloaded with deposits. Mortgage lending is usually the least risky. The increase in deposits in the US banking...
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Another American Mortgage Tsunami Coming
* Mortgage Servicers:The mortgage servicer of a scheduled remittance must remit funds to the Government Sponsored Entity (GSE) when they are...
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