New Business Surges at MGIC, Defaults Sink
Income before income taxes at the
Earnings data, as well as other operational and financial performance metrics, were revealed by MGIC in its second-quarter 2017 earnings report.
Income improved compared to the previous three-month period, when MGIC earned
New insurance written in the three months ended midyear 2017 was
Full first-half insurance written worked out to
As the second-quarter 2017 ended, delinquency was 4.11 percent including bulk loans. The rate retreated 40 basis points on a quarter-over-quarter basis and tumbled 44 BPS on a year-over-year basis.
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