Mortgage insurer MGIC (MTG) -11% premarket after reporting a larger-than-expected Q3 loss:...

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

Mortgage insurer MGIC (MTG) -11% premarket after reporting a larger-than-expected Q3 loss: $165M, or -$0.82/share, vs. a year-ago loss of $51.5M, or -$0.26/share. Revenue fell 12% to $337M amid lower net premiums. The mortgage insurer had recorded a string of narrower losses recently as its claims losses declined. RDN -7.2%, PMI -8.3%.