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tommiegun54

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tommiegun54

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Thursday, 12/26/2019 1:33:25 PM

Thursday, December 26, 2019 1:33:25 PM

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BLACK KNIGHT "DELINQUENCY DOWN 6.9% FROM A YEAR AGO"

MGIC INVESTMENT reported in December a surprise downward trend in delinquencies, breaking a seasonal trend in the fourth quarter when holiday spending is high, when delinquency usually increase slightly.

That trend toward lower delinquencies, is backed by black knight:

https://realestateinvestingtoday.com/national-loan-delinquency-rate-down-6-9-from-2018/

Earning outlook for MGIC looks good for PMI COMPANIES as INSURANCE IN FORCE rising and delinquencies falling in Q4 2019.
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