Industry News

Real estate loan insurer boosts profits

MGIC attributes gains to joint ventures, fewer losses
Published on Oct 12, 2005

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by CareyBot

Private mortgage insurance provider MGIC Investment Corp. today reported third-quarter net income of $142.4 million, up 6.2 percent from $134.1 million during the same quarter a year ago. Diluted earnings per share was $1.55 for the third quarter, up 13.8 ...