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Mortgage insurers in the red after Deutsche bull rings the register

Published 11/03/2017, 01:10 PM
© Reuters.  Mortgage insurers in the red after Deutsche bull rings the register
MTG
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RDN
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NMIH
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ESNT
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  • The "bullish outlook" for the names is reflected in their stock prices after big runs higher over the past few months, says analyst Phil Stefano, downgrading Essent Group (ESNT -4.7%), MGIC Investment (MTG -4.9%), Radian Group (RDN -5%), and NMI Holdings (NMIH -4.8%) to Hold from Buy.
  • Year-to-date gains range from around 50% for NMIH to 15% for Radian.
  • Source: Bloomberg's Joshua Fineman
  • Now read: Dynex Capital: A View From The Perspective Of A Preferred Investor - An Update


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