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Real Estate & Property Law

: Housing Wire

Mortgage Insurer Losses Narrow

By DIANA GOLOBAY

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Mortgage insurer Triad Guaranty (TGIC: 1.00 +3.09%) lost a net $55.2m — or $3.68 per share — in Q109, narrowed from the $122.2m in the previous quarter. The trend might not continue in the face of a growing number of mortgage defaults, however, despite the new limit on payable claims in the insured portfolio–which helps Triad [...]

Full post as published by Housing Wire on May 18, 2009 (boomark / email).

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