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MGIC, Radian Merger In Doubt HW+

Aug 09, 2007By

Earlier in the week, MGIC Investment Corp. said it believed it was no longer obligated to complete its pending merger with Radian Group Inc., in light of the previously-announced impairment of investments by both Radian and MGIC in Credit-Based Asset Servicing and Securitization (C-BASS):

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

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