MGIC Investment Corp. (MTG), the mortgage insurer that breached regulators’ capital limits, jumped in New York trading after a report on October home prices showed values beat forecasts, signaling a sustained recovery.

MGIC surged as much as 12% and was up 9.6% to $2.62 at 10:51 a.m. The Milwaukee-based firm has slid 30 percent this year. Rival Radian Group Inc. (RDN) rose 3.9% today. 

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3d rendering of a row of luxury townhouses along a street

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