Mortgage insurer MGIC (MTG) sues Freddie Mac (FMCC.OB) and the FHFA to settle a dispute over...

|About: MGIC Investment Corporation (MTG)|By:, SA News Editor

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 Freddie asserts the initial limit remains in place until the last of the policies expires.