Tuesday, October 07, 2008

 

Insurers Can Help Treasury Run Bailout

The U.S. Treasury Department wants to hire financial institutions – including big insurers – to help it manage portfolios of whole loans and troubled mortgage-related securities, and to provide custodian, accounting and auction management services for mortgage-related assets.

Insurers Can Help Treasury Run Bailout
Source: National Underwriter (subscription required)

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