MGIC Investment Corp. (MTG)

[tommiegun54]

AVG Q3 20' REDUCED DELINQUENCIES OF $45MM OR 13 CENTS/SHS.

MGIC DELINQUENCIES DECLINED BY ~4050 loans could be rolled into profits for Q3 2020 based on reduced loan losses as foreclosures continue to be half 2019 rates. MGIC LOSSES ACTIVITIES. CONTINUE DOWNWARD FOR FIVE YEARS STRAIGHT.

MGIC could add the $45 million to LOSS AND LOAN ADJUSTED EXPENSES however, that would depend on the loses outlook/forcast. With the real estate market continuing at a "white hot pace", I don't see any worries right now especially since "MGIC IS SWIMMING IN CAPITAL".