Items Tagged with 'mortgage insurer'


MGIC rises to a 4Q profit of $1.4M

Reaches positive net income after reporting a steep loss one year ago
Mortgage insurer MGIC returns to profitability after steep losses in late 2012. For the entire year, the company recorded a net loss of $49.8 million, which is significantly improved from a loss of $927.1 million in 4Q of 2012.
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Mortgage insurers are not a panacea to stable housing finance reform

Insurance regulator says insurers can help, but underwriting remains key
Mortgage insurers experienced a period of great volatility after the 2008 housing bust, and those insurers that survived want a place in the future secondary mortgage market once the government-sponsored enterprises have been fully reformed.
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HW 30 stock takes massive hit

Weak earnings push mortgage insurers, servicers to tumble
Generally speaking, all but three stocks on the HW 30 significantly underperformed amid weak consumer confidence data, earnings missing market expectations and mortgage rates hitting a three-week high.
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