AIG’s mortgage insurance unit, which operates through United Guaranty Corp. posted a fourth-quarter loss of $45 million, which is much deeper than its $25 million loss a year ago, according to Zacks Equity Research.
Net premiums, meanwhile, rose 18% annually to $236 million.
United Guaranty posts deeper fourth-quarter loss
Most Popular Articles
Latest Articles
Rocket delivers $291M profit amid improved margins and MSR acquisitions
The Detroit-based lender reported a GAAP net income of $291 million from January to March, its highest profit level in two years.