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January 26, 2010
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| 12:29 EDT |  | RDN |
| theflyonthewall.com: | Market moves higher along with mortgage insurance companies | | The averages have moved towards session highs on the strength of several diverse groups that are having good days. One is the mortgage insurance companies which are higher on the strength of the positive quarter posted by MGIC Investment Corp. (MTG). The company posted higher revenue, fewer loan delinquencies, and said that it would improve even more as the year progressed. The shares are up more than 14.35%, and pulled Radian Group (RDN, +8.25%) and PMI Group (PMI, +8.70%) higher with it. :theflyonthewall.com |
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