Investors are beginning to eye mortgage insurers as the firms pick up the pieces from the subprime mess, a new article in The Street claims.
Mortgage insurance has become somewhat of a political punching bag in the wake of the financial crisis, with some analysts questioning its relevance and others believing it will play a big role in the future mortgage finance market.
The report mentions that Radian Group’s (RDN) shares are up 43.59% year to date with Och-Ziff, Oaktree Capital Management and SAC Capital adding and reducing their stakes in the company over the past two quarters.
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