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American Financial Services - News


American Financial Buys Liberty's Workers Comp Group for $250M in Cash
http://www.foxbusiness.com/industries/2014/01/09/american-financial-boosts-workers-comp-group-for-250m-in-cash/
American Financial Buys Liberty's Workers Comp Group for $250M in Cash Property and casualty insurer American Financial (AFG) agreed to buy Liberty Mutual's workers compensation business on Thursday for $250 million in cash. Lakeland, Fla.-based Summit Holdings Southeast provides workers compensation services in the 

Pre-Market Pulse: American International Group, Hartford Financial Services ...
http://www.prnewswire.com/news-releases/pre-market-pulse-american-international-group-hartford-financial-services-group-the-chubb-and-loews-239238021.html
On Tuesday, January 07, 2014, the U.S. equity market posted gains. The S&P 500 ended the day at 1,837.88, up 0.61%; the Dow Jones Industrial Average closed at 16,530.94, up 0.64%; and the NASDAQ Composite Index finished at 4,153.18, up 0.96%.

FNF Forms Black Knight Mortgage Tech Subsidiary
http://www.americanbanker.com/issues/179_4/fnf-forms-black-knight-mortgage-tech-subsidiary-1064707-1.html
Title insurance company Fidelity National Financial is forming a new mortgage technology and services subsidiary called Black Knight Financial Services from its ServiceLink division and very recent acquisition Lender Processing Services. It has also 

House Financial Services Chairman to Seek Volcker Rule Change
http://dealbook.nytimes.com/2014/01/07/representative-to-propose-bill-to-tweak-volcker-rule/
Representative Jeb Hensarling, a Republican of Texas and chairman of the House Financial Services Committee, is expected to propose a bill that could open up a huge loophole in the rule. The proposed change could allow banks to create and own 

American Financial Services Executive Shares His First Time Experience in Mexico

An American executive from a world renowned financial services firm reflects on his first business trip to Mexico and talks about his impressions ...

Waters is first woman and first African American to chair House Financial Services Committee

One day after saying she wants President Donald Trump’s new chief of staff, Mick Mulvaney, to testify before her committee about his work overhauling the U.S. Consumer Financial Protection Bureau, Congresswoman Maxine Waters (D-CA 43)was elevated to another position where she will undoubtedly continue to hold President Trump and his administration accountable.

Waters, the fiery and outspoken California Democrat, was named by the Democratic Caucus to serve as the first woman and the first African American chair of the House Financial Services Committee.

“I am honored to have been selected by my colleagues to be the first Chairwoman of the House Financial Services Committee in the 116th Congress.

“Since 1995, I have served as Ranking Member or Chairwoman of every Subcommittee under the Committee’s jurisdiction, taking on important issues on behalf of consumers, investors, and vulnerable populations,” Waters said.

“As Chairwoman, I will continue to prioritize protecting consumers and investors from abusive financial practices, making sure there are strong safeguards in place to prevent another financial crisis, expanding and supporting affordable housing opportunities, tackling the homelessness crisis, encouraging responsible innovation in financial technology, promoting diversity and inclusion in the financial services sector, conducting appropriate oversight and ensuring that hardworking Americans and small businesses have fair access to the financial system and opportunities to thrive,” she said.

Zacks Investment Research Lowers First American Financial (FAF) to Sell

From a hold rating to a sell rating in a research note published on Friday.

According to Zacks, “First American Financial Corporation provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. The Title Insurance and Services segment provides title insurance policies and provides escrow and real estate closing services on residential and commercial property. It also maintains, manages, and provides access to automated title plant records and images; accommodates tax-deferred exchanges of real estate; and provides investment advisory, trust, lending, and deposit services. The Specialty Insurance segment offers property and casualty insurance, including homeowners insurance, as well as provides home warranty policies. This segment markets its property and casualty insurance products through direct distribution channels, including employees and agents, as well as a network of brokers. First American Financial Corporation is based in Santa Ana, California. “

American General Financial Services loan question?

if you are applying for a loan at american general financial services, do you have to have good credit? Or will they look at your gross monthly income and consider that amount? thanks!


American General is a full-service lender. You will need established credit, although it need not be perfect or even great. Your income and it's source will play a part in their decision to grant or deny credit.