Seeking Alpha

More on MGIC Investment (MTG) Q3 earnings: New insurance written of $7B, +79% Y/Y. HARP...

More on MGIC Investment (MTG) Q3 earnings: New insurance written of $7B, +79% Y/Y. HARP insurance written of $3.7B not included in this figure as it's treated as a modification of existing coverage. 12.34% of loans are delinquent, down from 13.49% a year ago. Losses of $490.1M vs. $462.7M a year ago, thanks to an increase in the claim rate. (PR)
Comments (1)
  • balabani
    , contributor
    Comments (4) | Send Message
     
    How does the increase in the claim rate squares off with the decrease in delinquent loans? Is the new average delinquent mortgages getting higher in value? Is this a trend which will continue?
    9 Nov 2012, 03:29 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|