Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #401 on Radian Group (RDN)
56Chevy
06/07/13 5:38 PM
#402 RE: Enterprising Investor #401
Old PMI companies even with huge legacy issues can outperform new entrants.
But in general, older MI companies are seeing profits on new insurance policies offsetting legacy losses, and newer companies such as Essent or National MI not having the older book of business act as a tire tied to one's leg during a race.