- The publicly traded mortgage insurance space got a bit more crowded with last week's IPO of NMI Holdings (NMIH +0.4%). The company is backed by - among others - Carlyle Group (CG) and Kyle Bass' Hayman Capital which owns a near-10% stake.
- The red-hot sector - led by Radian (RDN), MGIC (MTG), and Genworth (GNW) - has traded nervously of late with boosted competition a good excuse to sell.
- Soros and Goldman backed Essent Group (ESNT) continues to trade well after coming public at $17 per share in late October.
NMI Holdings a new player in mortgage insurance space
Nov 18 2013, 09:58 ET