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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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December 17, 2014
10:50 EDTFMCC, FNMAAckman says added 'meaningfully' to Freddie, Fannie positions in last week
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December 16, 2014
05:34 EDTMTGMGIC Investment downgraded to Market Perform from Outperform at Keefe Bruyette
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December 15, 2014
08:07 EDTRDNRadian Group says CFO C. Robert Quitn to retire at end of 2014
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December 11, 2014
07:22 EDTRDNAssured Guaranty close to deal to buy Radian unit for $800M, Reuters says
Assured Guaranty (AGO) is close to a deal to buy Radian's (RDN) financial guaranty business for about $800M, Reuters reports, citing sources. A deal could be announced within the next few days, the sources add. Reference Link
December 8, 2014
12:31 EDTFMCC, FNMAFannie Mae, Freddie Mac to back mortgages with 3% down payments, LA Times says
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07:06 EDTMTGMGIC Investment reports November primary new insurance written $2.9B
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