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Insurer MGIC, which provides mortgage insurance through its principal subsidiary Mortgage Guaranty Insurance Corp., saw its stock rise 2 percent in morning trading after Keefe, Bruyette & Woods (KBW) analysts gave the company a vote of confidence in a new report. KBW raised MGIC to “outperform” from market perform on Monday.
Read More »KBW lifts MGIC to Outperform, Delinquent Loan Inventory Drops 56 Percent in 3 Years
