Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $37,689
46%  
Woo hoo!! And we're now over 46%!! Thank you all very much!! God bless.

Keyword: gemortgagere

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  • GE Mortgage Insurer Unit Lets Triple-A Rating Go

    09/26/2003 9:40:32 AM PDT · by Starwind · 2 replies · 199+ views
    Dow Jones Newswires | September 26, 2003 | Christine Richard
    =DJ GE Mortgage Insurer Unit Lets Triple-A Rating Go . By Christine Richard Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--GE Mortgage Insurance, a unit of General Electric Co. (GE), Friday said it plans to run its operations at capital levels consistent with a double-A rating and give up its triple-A ratings. That was followed promptly by action from the ratings agencies. Moody's Investors Service and Fitch Ratings downgraded their triple-A insurer financial strength ratings for GE Mortgage to double-A and assigned a stable outlook. "It simply makes sense for us to use our capital as efficiently as possible," Tom...