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Credit Union Rating ResourcesFinancial NewsMGIC added $1.2B in mortgage coverage in August (AP)AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined. Summary Box: AIG's sale of Taiwan unit on rocks (AP) AP - NO WAY: Taiwanese regulators have rejected Primus Financial Holdings' planned purchase of AIG's Taiwan life insurance unit. (AP) AP - Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor. Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)
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Credit card debt at an 8-year low The amount of credit card debt consumers are carrying dropped to an eight-year low and delinquencies continued to decline in the second quarter as consumers looked to shore up their savings. Second act: Software to wind energy Jim Maguire describes himself as being ahead of his time, and he's hardly bragging. In 2002, Maguire -- who managed software projects for large companies -- was consulting in Germany when he discovered "the next big thing." |
