MGIC Investment writes $2.2B in primary new insurance in January Reports January beginning primary delinquent inventory 139.845. Reports January new notices up 11,098. Reports January cures down 9,627. Reports January paids down 3,248. Reports January rescissions and denials down 221. Reports January ending delinquent inventory 137.847.
Barclays remains bullish on MGIC Investment Following a headquarters visit, Barclays said it remains bullish on MGIC Investment. The analyst expects a supercycle in mortgage credit losses that could result in incurred losses of approximately 10% of premiums, driving shares to potentially $14. Barclays sees limited downside risk and reiterates its Overweight rating.