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tommiegun54

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tommiegun54

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Wednesday, 07/21/2021 10:08:31 AM

Wednesday, July 21, 2021 10:08:31 AM

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MTG ESTIMATED BOOK VALUE FOR Q2 $14.50-$14.75, Q3 2021 $15.25

BASED ON EXCEPTIONAL EARNINGS AS MGIC INVESTMENT RELEASES UP $2 IN BOOK VALUE RELATED TO EARNINGS NET CASH AND, THE RELEASE OF LOAN LOSSES AND LOAN RELATED EXPENSES, MGIC BOOK VALUE WILL MOVE MUCH HIGHER.

Pandemic related claims have fail to appear and claim losses are declining due to broad based gains in the US REAL ESTATE MARKET VALUES.

All indications are that claims cost will continue to moderate going forward. The US BANKING AND FINANCIAL INSTITUTIONS ARE RELEASING RESERVE'S BUILD IN ANTICIPATION OF A PANDEMIC CRISIS, THAT HAS FAILED TO APPEAR.
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