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November 03, 2009 | Tconsoli | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Genworth: Half Of Defaults Eligible For Government Help

Mortgage delinquencies continued to climb for mortgage insurer Genworth Financial Inc. (GNW), but the good news is that as many as half the delinquent homeowners it insures are eligible for home-loan modification programs, the company said.

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