CoreLogic, a property information and analytics company, has released the latest iteration of its Loan Performance Insights Report which found that for the month of April 20222 2.9% of all mortgages were in some stage of delinquency, defined as being ...
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KBW lifts MGIC to Outperform, Delinquent Loan Inventory Drops 56 Percent in 3 Years
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.
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