According to Seeking Alpha, mortgage insurers are facing more scrutiny, with regulators hoping the firms will eventually hold more capital.
These proposed changes would effect MI carriers like Radian (RDN), MGIC Investment Corp. (MTG) and Genworth (GNW).
Seeking Alpha sums up this trend in one line:
Basel turns its eye to mortgage insurers, teaming with insurance regulators to call for bigger capital buffers and regulator stress tests.
