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Home » Store » News » American General Finance to Purchase Equity One’s Subprime Servicing Portfolio

American General Finance to Purchase Equity One’s Subprime Servicing Portfolio

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American General Finance last week agreed to purchase the portfolio and certain assets of subprime lender Equity One. Stock prices of each company’s parent rose on the news. AGF, the lending subsidiary of insurer American International Group, agreed to purchase the...
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