Industry News

MGIC posts $372 million Q3 loss

Mortgage insurer expects to stay in the red in 2008
Published on Oct 17, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Mortgage insurer MGIC Investment Corp. today reported a $372.5 million third-quarter loss, and said it does not expect to make a profit next year as it pays out up to $1.5 billion in claims. MGIC said losses for the quarter ...

Comments