Sector Glance: Mortgage Insurers (Sharewatch)
Story date: 2007-10-30 01:31:02
Added on: 2007-10-30 15:00:32
NEW YORK (AP) - Shares of mortgage insurers mostly slipped Tuesday after PMI Group Inc. reported an $86.8 million loss for the third quarter. The Walnut Creek, Calif.-based insurer writes policies protecting lenders from losing money when borrowers miss payments on home loans.
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