In a telephone interview, mortgage industry experts say that the shutdown would not only delay approvals but also put banks at risk as they work around the government's lack of services.
Institutional investors
Coffee Bean plans exit strategy with IPO or sale
The Coffee Bean & Tea Leaf chief executive and president Mel Elias said his company would be planning an exit strategy in order to generate funds for its growth expansion in southern California and north Asia.
Eni to exit stake in German gas networks - report
German newspaper Stuttgarter Zeitung said on Wednesday that utility company EnBW would be buying Italian energy company Eni's stake in the German natural gas transmission networks they co-owned.
State-owned Alrosa prepares for share sale
Russian diamond company Alrosa announced on Wednesday that it has planned to sell 14% of its stake on the Moscow bourse.
Redpoint Ventures hires former Twitter head of platform
Redpoint Ventures announced on Tuesday that it had hired former Twitter Inc executive Ryan Sarver as a partner in the venture capital firm, according to a company press release.
Latest News
Harbinger Group, Philip Falcone's investment firm, jumped in value as it sold off shares to a consortium headed by Leucadia National Corp.
According to a report by VentureBeat, Apple Inc would have to tread carefully with advice from investor Carl Icahn.
Social media backup startup SocialSafe received an additional USD1 million in investment commitments with Microsoft Corp researcher Gordon Bell as its investor and advisor.
Israel-based venture capital firm Pitango Venture Capital said it had closed its recent funding round with USD270 million worth of funds.
Wolseley Private Equity sold all its shares in nexmedia to Forum Media Group. Australian-based Wolseley Private Equity said it had exited from nextmedia.
Indigo Partners would be buying Frontier Airlines from Republic Airways Holdings Inc for USD 36 million in cash.
Private equity firm HIG Capital announced that it had invested in specialty carpet mill Lexmark. Private equity company HIG Capital announced that it had made a strategic investment in broadloom carpet maker Lexmark Carpet Mills Inc.
Adveq closed its Adveq Secondaries II fund at its hard cap of USD 175 million. Adveq announced the close of its Adveq Secondaries II fund with USD 175 million.
Sources told Bloomberg that Tribeca Holdings would be buying prime real estate in London's Mayfair district valued at GBP 130 million.
