Mortgage insurance stocks have been rallying the past month, climbing to 52-week highs, thanks in part to the “Trump rally” and the belief that Fannie Mae and Freddie Mac have a future after all. Six short months ago, the sector was in the tank with investors fearing that another cut in FHA premiums would erode their market share. The premium cut didn’t happen, and there’s a growing belief that the incoming Trump administration will favor the private sector – and not the FHA – taking on more risk ...