Genworth hit by lapse concern, housing caution
Genworth Financial Inc. shares dropped more than 15% Friday on concern about higher lapse rates in the company’s life insurance business
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Genworth Financial Inc. shares dropped more than 15% Friday on concern about higher lapse rates in the company’s life insurance business
Cautious lenders want borrowers to be on the job with guaranteed income, not on or preparing to go on maternity or paternity leave.