Mortgage Guaranty Insurance Corporation Investment

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MGIC earnings beat expectations in Q3

Oct 18, 2016By

MGIC’s net income dropped significantly in the third quarter from last year’s total, but the decline isn’t nearly as calamitous as it may seem. The company’s revenue was actually above last year and above expectations. The increase is driven, in part, by a decrease in mortgage delinquencies.

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

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