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Stock Market & Financial Investment News

News Breaks
July 10, 2014
17:08 EDTFNMA, RDN, FMCC, MTGMortgage insurers trading lower after FHFA proposes tighter capital rules
The Federal Housing Finance Agency, or FHFA, is seeking input on draft requirements that would apply to private mortgage insurance companies that insure mortgage loans owned or guaranteed by Fannie Mae (FNMA) and Freddie Mac (FMCC). These requirements would apply only to private mortgage insurers that are currently approved to do business with Fannie Mae or Freddie Mac and those seeking approval in the future. MGIC Investment (MTG) is down 5.3% in after-hours trading and Radian Group (RDN) is down 3.78% in after-hours trading. Reference Link
News For MTG;RDN;FNMA;FMCC From The Last 14 Days
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February 9, 2016
07:11 EDTMTGBofa/Merrill to hold a conference
2016 Insurance Conference is being held in New York on February 9-11.
February 8, 2016
07:23 EDTMTGCredit Suisse to hold a forum
17th Annual Credit Suisse Financial Services Forum is being held in New York where on February 8, some of the companies will be hosting dinners, followed by company presentations on February 9-10.
06:49 EDTMTGMGIC Investment reports Jan. ending primary delinquent loans inventory of 62,774
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January 29, 2016
08:56 EDTRDNRadian Group sell-off overdone, says JMP Securities
After Radian reported higher than expected EPS, JMP Securities says the company is poised to perform well, as it is continuing to gain new customers and most of its business is now derived from the post-recession years, according to the firm. JMP reiterates a $17 price target and Outperform rating on the shares.

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