Mortgage insurance stocks break higher after MGIC Investment Corp.’s (MTG +13.5%) main mortgage...

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

Mortgage insurance stocks break higher after MGIC Investment Corp.’s (MTG +13.5%) main mortgage insurance unit says it wrote $1.3B in new insurance in August while its inventory of delinquent loans fell. Other mortgage insurers also rise: RDN +8.9%, PMI +3.7%.