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AIG Keen to Sell Bank, Expand Mortgages

American International Group Inc is planning to sell its savings and loan business as soon as a federal panel labels the insurance giant "too big to fail," its chief executive said on Monday.

Spain's Promises to Spare Needy From Eviction After Suicides

Spanish Economy Minister Luis de Guindos promised on Monday that no needy family will go homeless over mortgage arrears, responding to public fury at a homeowner's suicide as she was being evicted.

PIMCO Flagship Fund Raises Treasury Holdings, Trims Mortgages

PIMCO Total Return Fund, which is run by Bill Gross and ranks as the world's largest mutual fund, increased its exposure to U.S. government debt while continuing to trim mortgage holdings in October, data from the company's website showed on Friday.