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tommiegun54

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tommiegun54

Re: None

Thursday, 01/09/2020 8:56:45 AM

Thursday, January 09, 2020 8:56:45 AM

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INSURANCE IN FORCE ACCELERATES IN Q4 BY $4.6 BILLION vs $4.2 IN Q3 2019

INSURANCE IN FORCE and DELINQUENCY INVENTORY both reversed normal seasonal TRENDS in Q4 2019. INSURANCE IN FORCE, $222.7 BILLION, surpassed Q3 in growth and DELINQUENCY INVENTORY turned in better result ending at 30,123.

THE BETTER SALES GROWTH MAYBE Attributed to the new CEO, TIMOTHY MATTKE. MGIC INVESTMENT appears to be changing its strategy to "SALES GROWTH" vs PAT SINKS who focused on Rebuilding MGIC'S "FINANCIAL STRENGTH".

Certainly sales growth will now lead MGIC TO GREATER FINANCIAL STRENGTH but, they won't have to issue STOCK or INCREASE financial leverage.
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