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Sector Snap: Mortgage Insurance

Story date: 2007-10-17 10:13:00
Added on: 2007-10-17 16:16:50


CNBC - NEW YORK - Shares of mortgage insurers plummeted Wednesday after MGIC Investment Corp. reported hundreds of millions of dollars in losses because of unpaid home loans. The Milwaukee-based home loan insurer said Wednesday it lost $372.5 million in the ...


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