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A Golden Age for Mortgage Insurers? Despite considerable losses, mortgage insurers may benefit from continued troubles in the U.S. subprime market

MGIC Investment has been the victim of negative headlines since writing down its joint venture, mortgage securitization and servicing company C-Bass. The company followed it up by calling off a potential merger with fellow mortgage insurer Radian Group, and it most recently announced $602.3 million in third-quarter losses. But...

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