People on the move: June 15 The Louisville Business First features local business news about Louisville. We also provide tools to help businesses grow, network and hire. People on the Move – Louisville Business FirstThomas H. Lee to sell part of its Black Knight investment Declining mortgage rates drive refis and new-home purchases FNFV has become deal-making machine. Instead of selling stock in an IPO, FNFV now plans to spin off J. Alexander’s and issue its stock to FNFV shareholders. "After further review, we made the decision to slightly change course and pursue a direct spin-off of our interest in J. Alexander’s to FNFV shareholders," Bickett said.
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MGIC beats expectations, but new insurance written underwhelms What CFPB’s Harsh Words to Servicers Mean for Banks A report critical of MGIC Investment Corp. sent a chill through the mortgage insurance sector last week.. On Wednesday, Morgan Stanley Dean Witter analyst Kenneth A. posner downgraded mgic, the largest mortgage insurer, to "neutral." Mr. Posner said increased price competition and slower growth in the fourth quarter were the main reasons for his downgrade.
Reverse mortgage lender Live Well Financial laying off 103 workers Live Well Financial, a reverse and traditional mortgage lender that abruptly stopped originating on May 3, will lay off 103 employees, according to a virginia employment commission filing.
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Warren, Tillis look to enforce GSE salary caps U.K. house price growth stays subdued as Brexit woes persist george osborne, the U.K. finance minister, has warned that house prices could slump by as much as 18% in the event of a Brexit, as the U.K. economy grapples to keeps its head above water.Inquiring minds are reading the details of an interview in the Tuscaloosa News with Congressman Spencer Bachus. Please consider Security, health care. “Social Security could.