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Friday, 03/05/2021 11:02:37 AM

Friday, March 05, 2021 11:02:37 AM

Post# of 1369
MGIC REPORTS THAT DELINQUENCIES FELL AT AN ACCELERATED PACE IN A SHORTENED FEBRUARY 2021

DELINQUENCIES ENDED FEBRUARY AT 55,103 LOANS.

So far, In Q1 delinquencies have declined by 2,607.

2,607 loans × $15,100 reserve per loan = $39 million cash available for extra profits or other uses.

https://mtg.mgic.com/news-releases/news-release-details/mgic-investment-corporation-releases-monthly-operating-34

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