Volume 2014 - Number 7
February 20, 2014
Investors Pony Up for MI Stocks, But FHFA Has Yet to Unveil New Eligibility Standards
Investors of all different stripes have been increasing their stakes in several publicly traded mortgage insurance firms of late, betting that this recovering corner of the residential finance industry has more gas in the fuel tank. Among those buying into MI stocks is Paulson & Co., the legendary hedge fund that made $15 billion by shorting publicly traded subprime firms via the ABX Index in the run-up to the housing bust. Paulson & Co. recently increased...
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