Industry News

Mortgage insurance giants MGIC, Radian plan merger

Fitch Ratings puts MGIC on 'Rating Watch Negative'
Published on Feb 6, 2007

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by CareyBot

A planned merger of MGIC Investment Corp. and Radian Group Inc. would put the insurance of $290 billion in mortgages and $104 billion in other investments under a single roof and create a company with $15 billion in assets. MGIC ...