Fund mangers could lose $2 billion on credit-risk-transfer securities, which shift the risk of borrower defaults from the GSEs to private investors.
In cities including New York, San Francisco and Seattle the high cost of living led to higher wages. Remote work might change that.
Will there be more rent-to-own arrangements going forward?
The company acquired a controlling stake in single-family landlord Conrex, which operates in Midwestern and Southeastern U.S.
AIG will occupy eight floors at 1271 Avenue of the Americas as it consolidates its local offices.
The company first announced its $17 billion acquisitions more than a year ago.