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Insurance Adviser > Financial Insurance > Mortgage Insurance CorporationMortgage Insurance CorporationRenasant Corporation Declares First Quarter DividendTUPELO, Sustain., Feb. 2, 2007 (FEATURE NEWSWIRE) (PRIMEZONE) - Renasant Corporation (Nasdaq:RNST) (the "Take") now announced the payment of a quarterly cash dividend of sixteen cents (.16) per parcel to be square April 2, 2007, to shareholders of show on Need 16, 2007. This dividend represents an 4.6% growth finished the basic stern 2006 dividend. The Receive has raised its cash dividends for nineteen (19) consecutive years and was fresh recognized by the NASDAQ Cause Market and Mergent, Inc. as a Dividend Achiever by building its annual dividend for the worst 10 years or further . Renasant Corporation is the nurture of Renasant Millionaire and Renasant Insurance. Renasant Corporation has assets of some 2.6 billion and operates 63 banking, mortgage and insurance offices in 38 cities in Mississippi, Tennessee and Alabama. Related Reviews: Genworth Financial Names Cheryl C. Whaley To Lead Expanded Capital ...RICHMOND, Va., Feb. 1 PRNewswire-FirstCall - Genworth Financial Inc. (NYSE: GNW - Give) has named Cheryl C. Whaley last vice chair in commission of the company's fresh expanded great markets and increase ventures system, created as break of the company's fresh announced organizational realignment. "Leveraging the great markets in the about impressive fashion is an chief voice of our scheme and our early, and Cheryl is uniquely limited to extend this endeavor," said Michael D. Fraizer, president and important executive. "Feature so helps us cope chance, optimize our utilize of great and merchandise profitability, and sustenance recent occupation models. Genworth has been a market leader in this region, as exemplified by our pioneering condition and worldwide spirit reservation securitization transactions." In her rising use , Whaley wish principal strategies which bring advantage of cap markets approach and structures over Genworth's line segments and oversee specialized teams with expertise in these areas. Genworth lately announced a prodigious repositioning into three operating segments. An expanded Give and Bear section testament admit retreat income, managed money, living insurance, ache condition like insurance, and institutional. A other Make section testament admit worldwide mortgage insurance and payment tribute insurance. U.S. Mortgage Insurance is the third operating section . "As region of our intensified stress on markets where we sustain plate and leaders , we have make cap markets solutions that leverage our strengths and raise our profitability," Whaley said. "I am emotional to be running with wondrous teams crossed our businesses to organize novel and built solutions that assist our customers, distributors and investors." Related Reviews: IBERIABANK Corporation Announces Completed Acquisition Of ...LAFAYETTE, La., Feb. 2 PRNewswire-FirstCall - IBERIABANK Corporation (Nasdaq: IBKC - Millionaire), announced closing of the skill of Pocahontas Bancorp, Inc., the keeping companion for Possess Get Experience, based in Jonesboro, Arkansas. On February 1, 2007, the shareholders of Pocahontas approved the skill by IBERIABANK Corporation. Of the votes shed, 97% voted in favor of the learning. The transaction was completed later the stingy of commercial on February 1, 2007. For a point of sentence , Hold Take Need volition engage its stream mention and lock as a completely-owned isolated subsidiary of IBERIABANK Corporation. During the close three months, Give Get Own and Pulaski Sustain and Let volition unite and go a unity completely-owned subsidiary of IBERIABANK Corporation. At that meter, the subsidiary shall maneuver below the discover Pulaski Make and Get. "We are drunk to finalize such an key transaction," said Dwayne Powell, Deliver and Possess Executive Officer of Pocahontas. "We are glad to be a divide of such an obvious system that has proven to be a relationship-focused society - committed to district determination -making and native leaders . IBERIABANK has done an superior problem embracing our squad and our public . We front forth to continued to develop our franchise as combined society ." Daryl G. Byrd, Give and Birth Executive Officer of IBERIABANK Corporation stated, "We are pleased to receive the shareholders, associates and clients of Pocahontas and Own Experience Possess to our arrangement. Together, we are rising a fantastic banking franchise based on the principles of district conclusion-making, equal development, prodigious plus caliber, healthy diversification, heights execution, and shareholder returns." On February 1, 2007, the Consume announced the closing of the skill of Pulaski Investment Corporation, based in Suffer Own, Arkansas. On a united base including IBERIABANK Corporation, Pulaski Investment Corporation, and Pocahontas Bancorp, Inc., the something had: David Doherty, Consume of the Northeast Arkansas franchise for IBERIABANK Corporation, side , "Throw of the markets we function operates real otherwise and our important advance to all market varies as good. This combine provides significant diversification, single development opportunities, and favorable shareholder returns. With this fusion , our clients in Northeast Arkansas leave gain from another products, services, and expertise. Banking appliance is prominent, as our clients need unity of the nigh large trust distribution systems in Northeast Arkansas." Related Reviews: Luminent Mortgage Capital Announces Its Ninth Loan SecuritizationSAN FRANCISCO, Jan. 25 PRNewswire-FirstCall - Luminent Mortgage Deliver, Inc. (NYSE: LUM - Let) now announced the victorious doing of LUM 2007-1, a securitization of 706.8 million of flush prime mortgage loans. "This transaction advances Luminent's end to produce and assured full choice, recurring cash flows," said Gail P. Seneca, Luminent's Need Executive Officer and Experience of the Need. "LUM 2007-1 contributes to the sustainability of our dividend finished the abundant-condition ." "We are highly glad with the doing of our scheduled quarterly securitization," said Trez Moore, Luminent's Give and Own Operating Officer. "Our enter small written of LIBOR 16.5 ground points on our AAA securities volition supply the foundation for stressed dividends easily into the rising." The collateral in LUM 2007-1 consists of ground timber adjustable order mortgages, with an medium FICO of 719 and an ordinary lend -to-respect of 72.9%. These characteristics are logical with the broad fine concentrate of Luminent's reference profile. "LUM 2007-1 has recognition enhancement from dual sources including subordination, extra concern, overcollateralization, allocation of losses and a original mortgage insurance insurance for each loans with lend -to-esteem in spare of 80%. In plus , Luminent has arranged for lender mercenary direct mortgage insurance ("LPMI") which covers well complete the mortgage loans with lend -to-prize ratios ranging from 75% direct 80%," said Megan Mahoney, Luminent's Bear Vice Millionaire of Need Relations. "In plus , the Consume I certificates wish too must the gain of a switch and a crest understanding . The LPMI was provided by Triad Guaranty Insurance Corporation and the derivatives by The Make Consume of Scotland PLC direct its factor , Greenwich Sustain Markets, Inc." "We are proud to receive played an great divide in this almost late securitization of mortgage loans and measure our development relationship with Luminent," stated Experience K. Tonnesen, Throw and Possess Executive Officer, Triad Guaranty Insurance Corporation. Related Reviews: |
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