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Home » Store » Profitability » Private MIs Could Be Profitable in 2014

Private MIs Could Be Profitable in 2014

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Profitability

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Things are looking up in the private mortgage insurance business as the market becomes more stable and the industry could turn a profit in the near future, according to a new analysis by Standard & Poor’s. Mortgage Guaranty Insurance Corp.’s and Radian Guaranty Inc.’s debt and equity increases in the first quarter, as well as the restructuring implemented by Genworth Mortgage Insurance Corp., have raised analysts’ hope and mitigated concerns about capital and the potential for any ...
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