MGIC Posts First Loss on Writedown of Subprime Unit (Update5)
Story date: 2007-10-17 08:25:00
Added on: 2007-10-17 09:00:12
Bloomberg - MGIC fell the most in two months in New York trading after the company reported third-quarter costs of $602.3 million, more than three times as much as a year earlier, to cover losses by the mortgage lenders it insures. Chief Executive Officer Curt ...
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