Magic Software Enterprises MGIC
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Mortgage Insurers Under Pressure
By Sammy Pollack : Shares of the largest mortgage insurers, MGIC Corp ( MTG ), Radian Group ( RDN ), and Genworth Financial ( GNW ) have all lost about half their value over the past three months …
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Mortgage insurer MGIC (MTG) sues Freddie Mac (FMCC.OB) and the FHFA to settle a dispute over coverage limits on certain insurance policies. MGIC has said it believes the loss limit decreases as ...
Mortgage insurer MGIC ( MTG ) sues Freddie Mac ( FMCC.OB ) and the FHFA to settle a dispute over coverage limits on certain insurance policies. MGIC has said it believes the loss limit decreases as policies lapse, while …
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MGIC sues Freddie Mac in insurance dispute
(Reuters) - Mortgage insurer MGIC Investment Corp has sued mortgage financier Freddie Mac and the Federal Housing Finance Administration to settle a dispute over coverage limits on certain insurance policies.
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MGIC sues Freddie Mac in insurance dispute
May 17 (Reuters) - Mortgage insurer MGIC Investment Corp has sued mortgage financier Freddie Mac and the Federal Housing Finance Administration to settle a dispute over coverage limits on certain...
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Diamond Hill Strategic Income Fund First Quarter Commentary
… maturities in 2012. Mortgage insurance company MGIC Investment Corp. 5.375% due 2015 results ..... improvement in housing would likely enable MGIC to access the capital markets to improve ..... the quarter, we initiated a position in MGIC Investment Corp. 5.375% due 2015 based …
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Diamond Hill Research Opportunities Fund First Quarter Commentary
… attractive long-term fundamentals that we believe are not currently recognized. We also initiated a long credit position in MGIC Investment Corp. 5.375% due 2015. We established a short position in the for-profit education company Strayer Education …
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UPDATE 2- MGIC new mortgage defaults lowest in five quarters
* New notices of mortgage default fall to lowest in five quarters
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Realized Investment Gains Drive Improved Results at MGIC
MGIC MTG reported lower operating results on a ..... steady at 22:1 on a sequential basis, but MGIC stated that it expects to breach the maximum ..... writing policies through another subsidiary. MGIC stated that current economic conditions and …
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MGIC Investment (MTG): Q1 EPS of -$0.10 beats by $0.27. Revenue of $380M (+7.5% Y/Y) beats by $70M. (PR)
MGIC Investment ( MTG ): Q1 EPS of -$0.10 beats by $0.27 . Revenue of $380M (+7.5% Y/Y) beats by $70M . ( PR ) Post your comment!
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MGIC posts seventh straight quarterly loss
April 23 (Reuters) - MGIC Investment posted its seventh straight quarterly loss, as it continues to lose money on mortgages insured at the height of the housing boom.