Friday, March 05, 2021 11:36:10 AM
ALL OF THE ENVIROMENTAL FACTORS ARE POSITIVE FOR HIGHER PRICES FOR PMI COMPANY'S STOCK PRICE
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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