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	<title>Stock Blog Hub &#187; Surety &amp; Title Insurance</title>
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	<link>http://www.stockbloghub.com</link>
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		<title>(PMI) U.S. Jobless Data Shows Decoupling</title>
		<link>http://www.stockbloghub.com/2012/04/09/pmi-u-s-jobless-data-shows-decoupling/96249</link>
		<comments>http://www.stockbloghub.com/2012/04/09/pmi-u-s-jobless-data-shows-decoupling/96249#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:05:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[DG]]></category>
		<category><![CDATA[Dollar General Corporation]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[LULU]]></category>
		<category><![CDATA[Lululemon Athletica Inc]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96249</guid>
		<description><![CDATA[This morning’s economic data is giving investors the clearest possible evidence of divergence in global economic growth outlook, with the U.S. economy decoupling from Europe and China. We have another better-than-expected read on Initial Jobless Claims in the U.S., while readings of the manufacturing sector in China and Europe show contraction. The surprise factor in the European slowdown is limited since that region is widely believed to be already in a recession, but I suspect that today’s soft Chinese manufacturing data will remain front and center and trump the favorable domestic labor market report. The preliminary Purchasing Managers Index (PMI) for March created by HSBC Bank (HBC) shows a slippage from last month’s level. The index dropped to 48.1 in March from February’s 49.6, both below the critical 50 level ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/09/pmi-u-s-jobless-data-shows-decoupling/96249/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) European Central Bank Tries Quenching Thirsty Banks</title>
		<link>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159</link>
		<comments>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159#comments</comments>
		<pubDate>Sat, 24 Dec 2011 16:27:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89159</guid>
		<description><![CDATA[The European Central Bank (ECB) has been overwhelmed by the rush for cheap three-year loans. The demand for these loans has far exceeded expectations &#8212; a fact that underscores the difficult times the banking system is going through. A system whose raw material is money has been facing severe liquidity constraints in the wake of the crisis in Europe. Given the scale of the crisis and debts maturing in 2012, the system could well do with a few more liquidity shots of this nature. According to the BBC, ECB advanced around 490 billion euro as opposed to 450 billion euro it had hoped would go off the counters. In its December Bulletin, the ECB had proposed a non-standard monetary measure of extending a 36-month refinancing line to euro-area banks in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) PMI Group Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/08/22/pmi-pmi-group-incorporated-bear-of-the-day-2/81756</link>
		<comments>http://www.stockbloghub.com/2011/08/22/pmi-pmi-group-incorporated-bear-of-the-day-2/81756#comments</comments>
		<pubDate>Mon, 22 Aug 2011 14:43:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81756</guid>
		<description><![CDATA[PMI Group Inc.&#8217;s (PMI) second-quarter operating loss was worse than the Zacks Consensus Estimate and widened year over year as the company continued to suffer mortgage losses. We expect losses and loss adjustment expenses from mortgage insurance operations, increased valuation allowances, lower premiums earned and shrunken investment income will continue to pressure PMI&#8217;s earnings. While increasing persistency levels will drive domestic growth, it will put additional pressure on capital. PMI Group is not able to sell new policies. To add to its woes, Arizona-based PMI Mortgage Insurance Co., the main subsidiary, is short of funds, which is required to meet regulatory requirements in Arizona. As such, the State Insurance Department will likely bar it from selling new policies, which might result in either rehabilitation or liquidation of the unit. PMI ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/22/pmi-pmi-group-incorporated-bear-of-the-day-2/81756/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) U.S. Manufacturing Outlook Not That Bad</title>
		<link>http://www.stockbloghub.com/2011/07/01/pmi-u-s-manufacturing-outlook-not-that-bad/78173</link>
		<comments>http://www.stockbloghub.com/2011/07/01/pmi-u-s-manufacturing-outlook-not-that-bad/78173#comments</comments>
		<pubDate>Fri, 01 Jul 2011 16:36:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[APOL]]></category>
		<category><![CDATA[Apollo Group Inc.]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Darden Restaurants Inc.]]></category>
		<category><![CDATA[DRI]]></category>
		<category><![CDATA[Eastman Kodak Company]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[EK]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[RIMM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78173</guid>
		<description><![CDATA[The busy economic docket of this first day of July notwithstanding, Stocks may not do much today ahead of the July 4th weekend. But they have done plenty lately. In fact, the sharp gains in the last few days enabled the market to recoup earlier losses and effectively break-even for the quarter. And today&#8217;s ISM Manufacturing report is expected to show that this late-quarter surge was not solely due to optimism about Greece. The better-than-expected Chicago Purchasing Managers&#8217; Index (PMI) on Thursday provided a favorable backdrop for the June ISM Manufacturing report coming out today. The reassuring aspect of the Chicago PMI read reflects the auto-centric nature of the region&#8217;s manufacturing base. Please recall that it was Japan-related issues in the auto industry that drove the decelerating trend in the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/01/pmi-u-s-manufacturing-outlook-not-that-bad/78173/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTG) MTG Investment Corporation Downgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/29/mtg-mtg-investment-corporation-downgraded-to-neutral/77724</link>
		<comments>http://www.stockbloghub.com/2011/06/29/mtg-mtg-investment-corporation-downgraded-to-neutral/77724#comments</comments>
		<pubDate>Wed, 29 Jun 2011 17:00:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[Radian Group Inc.]]></category>
		<category><![CDATA[RDN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77724</guid>
		<description><![CDATA[We are downgrading our recommendation on the shares of MGIC Investment Corp. (MTG) to Neutral from Outperform, following the company’s first quarter 2011 results, which missed the earnings guidance due to higher paid losses, lower rescission and increased claims. For the past couple of years, MGIC has been hit hard by the deterioration in mortgage and housing markets. However, the gradual improvement in residential mortgage markets is expected to lead the company to profitability. MGIC attempted to narrow mortgage-related losses by reviewing more claims for rescissions. Historically, these have not accounted for a material portion of the company’s resolved claims. But, with the detection of fraudulence in 2006 and 2007 books of business, the rescission activity in 2008 substantially mitigated the company’s paid and incurred losses. However, the rescission benefit ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/mtg-mtg-investment-corporation-downgraded-to-neutral/77724/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) PMI Group Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/05/05/pmi-pmi-group-incorporated-bear-of-the-day/73347</link>
		<comments>http://www.stockbloghub.com/2011/05/05/pmi-pmi-group-incorporated-bear-of-the-day/73347#comments</comments>
		<pubDate>Thu, 05 May 2011 13:55:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73347</guid>
		<description><![CDATA[PMI Group Inc&#8217;s (PMI) fourth quarter operating loss widened from Zacks Consensus Estimate due to continued large losses and lower premiums earned partially offset by lower underwriting and operating expenses. We expect losses and loss adjustment expenses from mortgage insurance operations, increased valuation allowances and lower premiums earned. The company is also effectively lowering delinquency rates. Though the company may benefit from the recent U.S. regulatory moves to reduce foreclosures, we expect results to remain pressured in the coming quarters until the housing situation bottoms out. Valuation looks stretched on a price-to-book basis, given a negative trailing 12-month ROE, versus a positive 11.9% for the industry average. Our six-month target price of $1.75 is based on 0.68x our estimated book value of $2.58 per share. PMI GROUP (PMI): Free Stock ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/05/pmi-pmi-group-incorporated-bear-of-the-day/73347/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) PMI Group Analyst Downgrades Shares to Underperform</title>
		<link>http://www.stockbloghub.com/2011/02/18/pmi-pmi-group-analyst-downgrades-shares-to-underperform/67039</link>
		<comments>http://www.stockbloghub.com/2011/02/18/pmi-pmi-group-analyst-downgrades-shares-to-underperform/67039#comments</comments>
		<pubDate>Fri, 18 Feb 2011 16:40:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[Radian Group Inc.]]></category>
		<category><![CDATA[RDN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67039</guid>
		<description><![CDATA[We have recently downgraded PMI Group Inc. (PMI) to Underperform, as we expect losses and loss adjustment expenses from mortgage insurance operations, increased valuation allowances, lower premiums earned and shrunken investment income will continue to pressure PMI Group’s earnings. PMI Group’s default inventory and default rate increased significantly in 2009 to 2010 due to delinquencies in certain adjustable rate mortgage and high loan-to-value loans, declining home prices, higher rates of unemployment and challenging economic conditions in certain geographical areas. Moreover, other portions of the company’s portfolio could also suffer increasing defaults and losses due to continued weakness in the U.S. housing and mortgage markets. It now appears that the delinquencies and defaults on mortgage loan payments may continue longer than expected, which will further increase losses for the mortgage insurers. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/18/pmi-pmi-group-analyst-downgrades-shares-to-underperform/67039/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABK) Ambac Financial Group Plunges on Wider Loss</title>
		<link>http://www.stockbloghub.com/2010/05/24/abk-ambac-financial-group-plunges-on-wider-loss/37860</link>
		<comments>http://www.stockbloghub.com/2010/05/24/abk-ambac-financial-group-plunges-on-wider-loss/37860#comments</comments>
		<pubDate>Mon, 24 May 2010 21:46:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37860</guid>
		<description><![CDATA[Share price of Ambac Financial Group Inc. (ABK) plunged approximately 23.3% on Tuesday to close at $1.12 after the company reported its first quarter 2010 adjusted net loss of $0.68 per share, compared with adjusted net loss of $3.22 per share in the prior-year quarter. The company reported adjusted net income of $195.0 million in the quarter before it took a one-time charge of $495.1 million related to the adoption of a new accounting standard. Deconsolidation of a number of variable interest entities due to adoption of the new accounting standard resulted in a one-time charge of $495.1 million in the reported quarter. Including the one-time charge, Ambac recorded a net loss of $690.1 million or $2.39 per share in the reported quarter compared with a net loss of $392.2 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/24/abk-ambac-financial-group-plunges-on-wider-loss/37860/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABK) Ambac Financial Group Reverses Loss</title>
		<link>http://www.stockbloghub.com/2010/04/13/abk-ambac-financial-group-reverses-loss/33598</link>
		<comments>http://www.stockbloghub.com/2010/04/13/abk-ambac-financial-group-reverses-loss/33598#comments</comments>
		<pubDate>Tue, 13 Apr 2010 21:49:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33598</guid>
		<description><![CDATA[After the closing bell on Thursday, Ambac Financial Group (ABK) reported fourth quarter earnings of $1.93 per share. Last year, the company reported a loss of $8.14 per share. Earnings were aided by tax benefit of $472 million and $133.2 million gain on credit derivatives. Net premiums earned from the Financial Guarantee segment declined 19% year-over-year to $184.4 million. Ambac has not written any new business in more than a year and continues to exist in the runoff mode. Total net loss and loss expenses for the quarter was $385.4 million, substantially down from $916.4 million in the prior year period. Total net claims paid were $489.5 million, up from $287.7 million in the prior year quarter, related primarily to residential mortgage backed securities (RMBS) transactions and claims paid on ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/13/abk-ambac-financial-group-reverses-loss/33598/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ABK) Ambac Financial Group Sees Moody&#8217;s Rating Cut</title>
		<link>http://www.stockbloghub.com/2010/03/30/abk-ambac-financial-group-sees-moodys-rating-cut/32284</link>
		<comments>http://www.stockbloghub.com/2010/03/30/abk-ambac-financial-group-sees-moodys-rating-cut/32284#comments</comments>
		<pubDate>Tue, 30 Mar 2010 14:25:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32284</guid>
		<description><![CDATA[Last week, rating agency Moody’s cut Ambac Financial Group’s (ABK) debt rating to “C&#8221; from “Ca.&#8221; This move was fueled by Ambac’s announcement that it might seek bankruptcy protection if it is unsuccessful in restructuring its debt. The company’s main unit Ambac Assurance Corporation (AAC) has been hit by regulators, who have taken up the rehabilitation of a portion of its liabilities. The rating “C&#8221; reflects high probability of default and very low debt recovery. The Office of the Commissioner of Insurance (OCI) has ordered AAC to create a segregated fund which would contain $35 billion of company’s liabilities on policies related to residential mortgage-backed securities and $29 billion on other credit derivatives and structured finance products. No claims will be made with respect to any policies under the segregated ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/30/abk-ambac-financial-group-sees-moodys-rating-cut/32284/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABK) Ambac Financial Group Unit Faces Standard &amp; Poor&#8217;s Downgrades</title>
		<link>http://www.stockbloghub.com/2010/03/29/abk-ambac-financial-group-unit-faces-standard-poors-downgrades/32014</link>
		<comments>http://www.stockbloghub.com/2010/03/29/abk-ambac-financial-group-unit-faces-standard-poors-downgrades/32014#comments</comments>
		<pubDate>Mon, 29 Mar 2010 17:18:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32014</guid>
		<description><![CDATA[Yesterday, the rating agency Standard &#38; Poor&#8217;s slashed the rating of Ambac Assurance (“AAC&#8221;), a unit of Ambac Financial Group (ABK), to “R&#8221; from “CC.&#8221; This move was fueled by the announcement of the Officer of Commissioner of Insurance (OCI) regarding the rehabilitation of AAC liabilities. The OCI yesterday ordered AAC to create a segregated fund, which would contain $35 billion of the company’s liabilities on policies related to residential mortgage-backed securities and $29 billion on other credit derivatives and structured finance products. No claims will be made with respect to any policies under the segregated account until the rehabilitation plan is approved by the court, which might take six months. A moratorium on claims payment has been put to conserve Ambac’s reserves. The regulatory intervention is meant to protect ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/29/abk-ambac-financial-group-unit-faces-standard-poors-downgrades/32014/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PMI) PMI Group Wins Freddie Mac Approval</title>
		<link>http://www.stockbloghub.com/2010/03/25/pmi-pmi-group-wins-freddie-mac-approval/31710</link>
		<comments>http://www.stockbloghub.com/2010/03/25/pmi-pmi-group-wins-freddie-mac-approval/31710#comments</comments>
		<pubDate>Fri, 26 Mar 2010 00:18:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31710</guid>
		<description><![CDATA[California-based PMI Group Inc.’s (PMI) principal operating subsidiary PMI Mortgage Insurance Co. (“MIC&#8221;), announced yesterday that it has won approval from Freddie Mac (FRE) for PMI Mortgage Assurance Co., (“PMAC&#8221;) to directly sell mortgage guaranty insurance in some states. The approval gives PMAC the right to sell insurance in states where PMI’s current mortgage operation doesn&#8217;t meet the minimum capital requirements. Last month, the mortgage insurer got approval from Fannie Mae (FNM) as a direct issuer of mortgage guaranty insurance. The unit also obtained a waiver to continue writing new mortgage insurance business, even if it falls below the capital requirements of the Arizona state regulator. The approval from Freddie Mac runs through Dec. 31, 2011. Mortgage insurers cover part of the loan amount lost by lenders when a home ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/pmi-pmi-group-wins-freddie-mac-approval/31710/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBI) MBIA Incorporated Reports Smaller Loss</title>
		<link>http://www.stockbloghub.com/2010/03/03/mbi-mbia-incorporated-reports-smaller-loss/29500</link>
		<comments>http://www.stockbloghub.com/2010/03/03/mbi-mbia-incorporated-reports-smaller-loss/29500#comments</comments>
		<pubDate>Wed, 03 Mar 2010 23:19:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29500</guid>
		<description><![CDATA[MBIA Inc.’s (MBI) fourth quarter operating loss of $1.16 per share was a penny more than the Zacks Consensus Estimate of a loss of $1.15. The company had reported a loss of $5.21 per share in the prior-year quarter. Results were dragged down by losses on MBIA&#8217;s coverage of mortgage-related securities and complex investments, which weighed down income from investments and premiums. Revenue rose to $742.1 million, up from negative $1.57 billion in the prior-year period. Revenue components such as premiums earned and net investment income during the quarter totaled $158.4 million and $130.5 million, both down 30% and 51% year-over-year, respectively. With ratings cut to junk status, MBIA has also lost major market share. However, revenues were helped by lower other-than-temporary impairments and an improvement in the value of insured ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/03/mbi-mbia-incorporated-reports-smaller-loss/29500/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(MTG) MGIC Investment Corporation Sees Rating Action</title>
		<link>http://www.stockbloghub.com/2010/01/19/mtg-mgic-investment-corporation-sees-rating-action/25250</link>
		<comments>http://www.stockbloghub.com/2010/01/19/mtg-mgic-investment-corporation-sees-rating-action/25250#comments</comments>
		<pubDate>Wed, 20 Jan 2010 00:13:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25250</guid>
		<description><![CDATA[Last week, rating agency Fitch withdrew its long-term issuer rating “B-“ of MGIC Investment Corp. (MTG) along with withdrawing the “BB-“ insurer financial strength rating of its subsidiary, Mortgage Guaranty Investment Corp. The rating agency also pulled back the rating on MGIC’s senior notes and convertible junior subordinated debentures. Back in July, Fitch had downgraded MGIC’s rating following the company’s announcement of its business restructuring. After suffering terribly from the rising delinquencies due to the housing crisis, MGIC announced in July to capitalize its subsidiary Mortgage Guaranty Indemnity which would write new mortgage insurance policies. However, the rating agency considers twin effects of the restructuring. Although the process will drain the parent company’s capital levels rendering it restricted to pay claims, it will enable the newly funded company to write ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/19/mtg-mgic-investment-corporation-sees-rating-action/25250/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABK) Ambac Financial Group Sues Credit Suisse</title>
		<link>http://www.stockbloghub.com/2010/01/14/abk-ambac-financial-group-sues-credit-suisse/25012</link>
		<comments>http://www.stockbloghub.com/2010/01/14/abk-ambac-financial-group-sues-credit-suisse/25012#comments</comments>
		<pubDate>Thu, 14 Jan 2010 22:27:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>
		<category><![CDATA[Rambus Inc.]]></category>
		<category><![CDATA[RMBS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25012</guid>
		<description><![CDATA[Ambac Assurance Corp, a unit of Ambac Financial Group Inc. (ABK) has sued Credit Suisse Group (CS), alleging the company misrepresented the risks of mortgage-backed securities in a deal Ambac insured in 2007. Ambac claimed that many of the loans involved were fraudulent, based on misstatements of income or occupancy. Ambac increased its estimate of remediation recoveries on residential mortgage backed securities (RMBS) transactions due to breaches of representations and warranties by approximately $738 million during the third quarter. Ambac is actively working on these transactions to resolve these breaches through litigation or otherwise, and continues to believe that the assumed recovery time of three years to be appropriate. At the height of housing boom, dishonesty was widely prevalent in the industry, with very clear protective language was standard in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/14/abk-ambac-financial-group-sues-credit-suisse/25012/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBI) MBIA Downgraded to Underperform</title>
		<link>http://www.stockbloghub.com/2010/01/13/mbi-mbia-downgraded-to-underperform/24884</link>
		<comments>http://www.stockbloghub.com/2010/01/13/mbi-mbia-downgraded-to-underperform/24884#comments</comments>
		<pubDate>Thu, 14 Jan 2010 00:52:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24884</guid>
		<description><![CDATA[We are downgrading our recommendation on the shares of MBIA Inc. (MBI) to Underperform as macroeconomic conditions continue to contribute to losses on the group’s structured finance products. MBIA insures mortgage-backed securities backed by subprime mortgages. MBIA also has an indirect exposure to subprime mortgages that are included in collateralized debt obligations (CDOs), in which the company has guaranteed the senior most tranche of such transactions. There has been considerable stress and continued deterioration in the subprime mortgage market since early 2008 and in 2009, reflected by delinquencies and losses, particularly related to subprime mortgage loans originated during 2005 to 2007. The increase in delinquencies has been negatively affecting the company’s results. We do not expect a reversal in the trend until the second half of 2010. MBIA has been ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/13/mbi-mbia-downgraded-to-underperform/24884/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBI) MBIA Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/01/13/mbi-mbia-incorporated-bear-of-the-day/24830</link>
		<comments>http://www.stockbloghub.com/2010/01/13/mbi-mbia-incorporated-bear-of-the-day/24830#comments</comments>
		<pubDate>Wed, 13 Jan 2010 17:46:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24830</guid>
		<description><![CDATA[We are downgrading our recommendation on the shares of MBIA Inc. (MBI) to Underperform as macroeconomic conditions continue to contribute to losses on the company&#8217;s structured finance products. MBIA&#8217;s third quarter results missed the Zacks Consensus Estimate abysmally. Results were dragged down by higher losses on MBI&#8217;s coverage of mortgage-related securities and complex investments, which weighed down income from investments and premiums. With ratings cut to junk status, MBI has also lost major market share. However, the company&#8217;s long-tailed business model is generating scheduled premiums. Though MBIA has undertaken its business restructuring, the legal challenges are expected to act as an impediment to business prospects and capital-raising efforts .Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/13/mbi-mbia-incorporated-bear-of-the-day/24830/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) PMI Group Sells Entire Investment in RAM Holdings</title>
		<link>http://www.stockbloghub.com/2009/12/28/pmi-pmi-group-sells-entire-investment-in-ram-holdings/23729</link>
		<comments>http://www.stockbloghub.com/2009/12/28/pmi-pmi-group-sells-entire-investment-in-ram-holdings/23729#comments</comments>
		<pubDate>Tue, 29 Dec 2009 01:12:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[RAM Holdings Limited]]></category>
		<category><![CDATA[RAMR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23729</guid>
		<description><![CDATA[PMI Mortgage Insurance Co., a division of PMI Group Inc. (PMI), said on Thursday that it has sold its entire investment in RAM Holdings Ltd. (RAMR), the holding company for RAM Reinsurance Ltd. PMI had impaired its investment in RAM Holdings in 2008 and reduced the carrying value of the investment to zero. The proceeds from the sale would primarily add to PMI’s liquidity. The move is in line with PMI&#8217;s focus on its core U.S. mortgage insurance operations. PMI Group had implemented a five-point plan to address the challenging U.S. economy and the negative global market sentiment. The plan focuses on core mortgage insurance business, booking high-quality new business, mitigating losses and managing expenses. PMI Group also intends to build its capital position to maintain its growth. In its ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/28/pmi-pmi-group-sells-entire-investment-in-ram-holdings/23729/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ORI) Standard &amp; Poor&#8217;s Ratings Services Downgrades 5 Mortgage Insurers</title>
		<link>http://www.stockbloghub.com/2009/12/23/ori-standard-poors-ratings-services-downgrades-5-mortgage-insurers/23500</link>
		<comments>http://www.stockbloghub.com/2009/12/23/ori-standard-poors-ratings-services-downgrades-5-mortgage-insurers/23500#comments</comments>
		<pubDate>Wed, 23 Dec 2009 16:48:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Genworth Financial Inc.]]></category>
		<category><![CDATA[GNW]]></category>
		<category><![CDATA[Old Republic International Corporation]]></category>
		<category><![CDATA[ORI]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[Radian Group Inc.]]></category>
		<category><![CDATA[RDN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23500</guid>
		<description><![CDATA[Standard &#38; Poor&#8217;s Ratings Services downgraded credit ratings of five U.S. mortgage insurers on Tuesday as losses of these mortgage insurers were bigger than S&#38;P’s expectations. The rating agency also expects that unemployment will continue to rise through the second quarter of 2010 and this will further weigh on the mortgage insurers. Currently, the outlook for the mortgage insurers is negative. In October, S&#38;P put seven mortgage insurers on watch for downgrade with the expectation of worse claims. The five mortgage insurers, whose ratings were lowered on Tuesday, are Republic Mortgage Insurance Co., a unit of Old Republic International Corp (ORI), PMI Mortgage Insurance Co, a unit of PMI Group (PMI), Radian Mortgage Insurance Inc, a unit of Radian Group Inc (RDN), Genworth Mortgage Insurance Corp., a unit of Genworth ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/23/ori-standard-poors-ratings-services-downgrades-5-mortgage-insurers/23500/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABK) Ambac Financial Group Falls Below NYSE Standards</title>
		<link>http://www.stockbloghub.com/2009/12/10/abk-ambac-financial-group-falls-below-nyse-standards/22498</link>
		<comments>http://www.stockbloghub.com/2009/12/10/abk-ambac-financial-group-falls-below-nyse-standards/22498#comments</comments>
		<pubDate>Thu, 10 Dec 2009 21:51:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22498</guid>
		<description><![CDATA[Ambac Financial Group (ABK) yesterday announced that it has received notice from New York Stock Exchange (NYSE) that the company has breached the exchange’s listing standard with regard to its share price. The NYSE requires companies to maintain an average closing price of at least $1 over 30 days. However, Ambac fell short of this requirement as its 30 trading-day share price averaged 94 cents on the day prior to the receipt of the notice on Dec 9, 2009. As per NYSE’s rules, Ambac has six months to haul up its 30 trading-day average share price back above $1 to stay listed. However, the company’s common stock will continue to trade on the NYSE as long as Ambac remains in compliance with other listing requirements. The company, which used to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/10/abk-ambac-financial-group-falls-below-nyse-standards/22498/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABK) Ambac Financial Group Faces Liquidity Crunch</title>
		<link>http://www.stockbloghub.com/2009/11/14/abk-ambac-financial-group-faces-liquidity-crunch/20514</link>
		<comments>http://www.stockbloghub.com/2009/11/14/abk-ambac-financial-group-faces-liquidity-crunch/20514#comments</comments>
		<pubDate>Sat, 14 Nov 2009 23:49:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20514</guid>
		<description><![CDATA[In its quarterly filing on Monday, Ambac Financial Group (ABK) revealed that it is facing liquidity constraints. At the end of the third quarter of 2009, the company’s liquidity consisted of $164.7 million of cash, short term investments and bonds. Management is unsure whether this will be sufficient for its liquidity needs through the second quarter of 2011. Ambac’s access to other sources of liquidity also remains uncertain. The company has a $143.0 million debt payment obligation maturing in Aug 2011. Furthermore, an unfavorable outcome of the outstanding class action lawsuits against Ambac could cause additional liquidity strain. Given the company’s current condition, it is possible that its liquidity may run out prior to the second quarter of 2011. Ambac, the first monoline bond insurer, had never been downgraded or ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/14/abk-ambac-financial-group-faces-liquidity-crunch/20514/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBI) MBIA Incorporated Misses Earnings Estimates</title>
		<link>http://www.stockbloghub.com/2009/11/11/mbi-mbia-incorporated-misses-earnings-estimates/20284</link>
		<comments>http://www.stockbloghub.com/2009/11/11/mbi-mbia-incorporated-misses-earnings-estimates/20284#comments</comments>
		<pubDate>Wed, 11 Nov 2009 21:19:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20284</guid>
		<description><![CDATA[MBIA Incorporated’s (MBI) third quarter operating loss of $3.50 per share substantially missed the Zacks Consensus Estimate of a loss of 99 cents per share. Last year, the company had reported a loss of $3.42 per share. Results were negatively affected by a continued deterioration in the performance of the company’s insured second-lien residential mortgage loan securitization exposures and increase in case loss reserves reflecting expectations for additional claim payments to policyholders. Net loss was $727.8 million during the quarter, compared to $806.5 million in the prior-year quarter. Premiums earned during the quarter totaled $181.2 million, down 23% from $234.7 million in the third quarter of last year. Net investment income dropped 56% to $156.8 million. During the quarter, the company recorded a $238.8 million pretax loss related to its ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/11/mbi-mbia-incorporated-misses-earnings-estimates/20284/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) PMI Group&#8217;s Loss Lowers</title>
		<link>http://www.stockbloghub.com/2009/11/09/pmi-pmi-groups-loss-lowers/20039</link>
		<comments>http://www.stockbloghub.com/2009/11/09/pmi-pmi-groups-loss-lowers/20039#comments</comments>
		<pubDate>Mon, 09 Nov 2009 23:28:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20039</guid>
		<description><![CDATA[PMI Group, Inc.’s (PMI) third quarter loss from continuing operations came in at $1.06 per share, much better than the Zacks Consensus estimated loss of $1.38. This was also better than the loss from continuing operations of $1.83 in the prior-year quarter. Loss was primarily driven by continued high losses and loss adjustment expenses (LAE) in the U.S. Mortgage Insurance Operations. Premiums earned and investment income in the U.S. Mortgage Insurance Operations also decreased during the quarter. Consolidated net premiums written for the third quarter of 2009 were $167.4 million, compared to $176.5 million in the prior-year quarter. The decreases were primarily due to lower levels of new insurance written and higher refunded premiums from rescissions of insurance previously written. Premiums earned for the reported quarter were $176.6 million, compared ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/09/pmi-pmi-groups-loss-lowers/20039/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABK) Ambac Financial Group’s Loss is Wider than Expected</title>
		<link>http://www.stockbloghub.com/2009/11/08/abk-ambac-financial-group%e2%80%99s-loss-is-wider-than-expected/19885</link>
		<comments>http://www.stockbloghub.com/2009/11/08/abk-ambac-financial-group%e2%80%99s-loss-is-wider-than-expected/19885#comments</comments>
		<pubDate>Mon, 09 Nov 2009 02:28:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19885</guid>
		<description><![CDATA[Ambac Financial Group’s (ABK) third-quarter loss of $2.35 per share was wider than the Zacks Consensus Estimate of a loss of $1.22 per share. Last year, the company had reported a loss of $7.81 per share. Losses were driven by higher loss expenses in its Residential Mortgage Backed Securities [RMBS] insured portfolio. Revenues came in at $2.7 billion, compared with negative revenues of $2.3 billion in the prior-year quarter. The improvement in revenues was brought about by $2.9 billion of unrealized gains in credit derivatives. Net premiums earned in the quarter were $238.4 million, down 16% year over year. Normal net premiums amounted to $148.1 million and $155 million in the third quarters of 2009 and 2008, respectively. Net investment income was $135 million, representing an increase of 6.3% from ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/08/abk-ambac-financial-group%e2%80%99s-loss-is-wider-than-expected/19885/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTG) MGIC Investment Corporation Reports Ugly Loss</title>
		<link>http://www.stockbloghub.com/2009/11/02/mtg-mgic-investment-corporation-reports-ugly-loss/19457</link>
		<comments>http://www.stockbloghub.com/2009/11/02/mtg-mgic-investment-corporation-reports-ugly-loss/19457#comments</comments>
		<pubDate>Tue, 03 Nov 2009 05:03:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19457</guid>
		<description><![CDATA[MGIC Investment Corp.’s (MTG) third-quarter loss of $4.44 per share was wider than the Zacks Consensus Estimate of a loss of $1.64 per share. Last year, the company had reported a loss of $1.06 per share. Increasing delinquent inventory and consequently higher incurred losses drained the results. The company’s loss stood at $971 million from $788.3 million reported for the same period last year, primarily due to an increase in delinquencies. Net underwriting and other expenses were $59.1 million as compared to $62.4 million reported for the same period last year. Total revenues were $413.3 million, compared with $461.6 million in the third quarter last year. Net premiums written were $278.3 million, compared with $365.0 million for the same period last year. New insurance written was $4.6 billion, compared to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/02/mtg-mgic-investment-corporation-reports-ugly-loss/19457/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTG) MGIC Investment Corporation&#8217;s Earnings Preview</title>
		<link>http://www.stockbloghub.com/2009/10/16/mtg-mgic-investment-corporations-earnings-preview/17697</link>
		<comments>http://www.stockbloghub.com/2009/10/16/mtg-mgic-investment-corporations-earnings-preview/17697#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:34:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[Genworth Financial Inc.]]></category>
		<category><![CDATA[GNW]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[Radian Group Inc.]]></category>
		<category><![CDATA[RDN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17697</guid>
		<description><![CDATA[MGIC Investment Corporation (MTG) is expected to release third quarter results on Oct 15. The Zacks Consensus Estimate for the company is a loss of $1.64 per share. The company’s financial results have been adversely impacted by increased delinquencies, which are occurring due to a weakened economy Incorporatedreased unemployment and lower home prices. I t is also expected that the amount of loans insured by MGIC during the quarter should be lower than the average book written over the past four years. As a result of its underwriting changes, the company will be insuring fewer loans with loan-to-value ratios greater than 95% as well as loans classified as A-minus and reduced documentation loans, which carry higher premium rates. We expect that it will adversely affect the company’s results in the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/16/mtg-mgic-investment-corporations-earnings-preview/17697/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MBI) MBIA Incorporated Slashed Sub-Investment Grade</title>
		<link>http://www.stockbloghub.com/2009/10/03/mbi-mbia-incorporated-slashed-sub-investment-grade/16342</link>
		<comments>http://www.stockbloghub.com/2009/10/03/mbi-mbia-incorporated-slashed-sub-investment-grade/16342#comments</comments>
		<pubDate>Sat, 03 Oct 2009 22:57:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[ABK]]></category>
		<category><![CDATA[Ambac Financial Group]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com.php5-2.dfw1-2.websitetestlink.com/?p=16342</guid>
		<description><![CDATA[Note: We are re-issuing this post after correcting a mistake in the original post that ran yesterday. As a result of another sign of dwindling confidence about MBIA Incorporated’s (MBI) business prospects, Standard &#38; Poor&#8217;s (S&#38;P) has downgraded its ratings on the parent company as well as its structured finance insurance arm, MBIA Insurance Corporation.Rating of the parent company has been slashed to “BB-“ from “BB&#8221; and its subsidiary MBIA Insurance Corporation’s rating has been slashed to “BB+&#8221; from “BBB&#8221;. The ratings for both the parent and the subsidiary are now below investment grade. The rating agency holds a negative outlook on the ratings, which means that there could be additional downgrades if the company incurs further losses. The rating action follows concerns about the company&#8217;s exposure to residential mortgage-backed securities and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/03/mbi-mbia-incorporated-slashed-sub-investment-grade/16342/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PMI) More Flexibility for Mortgage Insurers</title>
		<link>http://www.stockbloghub.com/2009/09/09/pmi-more-flexibility-for-mortgage-insurers/14708</link>
		<comments>http://www.stockbloghub.com/2009/09/09/pmi-more-flexibility-for-mortgage-insurers/14708#comments</comments>
		<pubDate>Wed, 09 Sep 2009 22:20:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14708</guid>
		<description><![CDATA[PMI Mortgage Insurance Co. (PMI) said on Tuesday that a regulatory legislation passed in Arizona will bring additional flexibility to mortgage-insurance firms. The new legislation could provide regulatory relief to these companies by granting Arizona’s Department of Insurance (DOI) discretionary authority over mortgage insurers if they do not meet the state&#8217;s required minimum policyholder position to write new business. Although PMI is licensed in 50 states and operates a subsidiary in Europe, it domiciled in Arizona, meaning its primary insurance regulator is that state&#8217;s government. Thus, the company will also enjoy this additional flexibility. Legislators and the DOI recognized that while minimum policyholder position is a factor, it should not become the sole determinant in evaluating mortgage insurers&#8217; ability to write new business. The reform, effective from November, can provide ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/09/pmi-more-flexibility-for-mortgage-insurers/14708/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) Is the yield curve indicating better tidings?</title>
		<link>http://www.stockbloghub.com/2009/07/21/pmi-is-the-yield-curve-indicating-better-tidings/10970</link>
		<comments>http://www.stockbloghub.com/2009/07/21/pmi-is-the-yield-curve-indicating-better-tidings/10970#comments</comments>
		<pubDate>Tue, 21 Jul 2009 20:13:54 +0000</pubDate>
		<dc:creator>prieur</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=10970</guid>
		<description><![CDATA[While the deflation/inflation debate rages on, the jump in US government bond yield (and stronger commodities and weaker US dollar) seems to indicate that deflationary pressures are moderating. The chart of the US 10-year Treasury Note yield shows a clear uptrend since the end of last year, with the yield also now trading above both the 50- and 200-day moving averages. Source: StockCharts.com The graph below shows the relatively flat yield curve (red line) immediately prior to the first rate cut in September 2007. As indicated by the black line, the yield curve has steepened dramatically since as monetary policy kept shorter maturities at low levels while longer maturities have been in a rising trend. Source: StockCharts.com A steeper yield curve typically heralds better tidings for economic growth, although concerns ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTG) Financials &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/06/10/mtg-financials-industry-outlook/8147</link>
		<comments>http://www.stockbloghub.com/2009/06/10/mtg-financials-industry-outlook/8147#comments</comments>
		<pubDate>Wed, 10 Jun 2009 22:38:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>
		<category><![CDATA[MGIC Investment Corp.]]></category>
		<category><![CDATA[MTG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=8147</guid>
		<description><![CDATA[Even though some financial institutions are ready, willing and able to return the funds received through the Troubled-Asset Relief Program (TARP), the sticking point remains what the government is willing to accept and what the financial institutions are willing to pay for the warrants attached to the preferred stock. While financial institutions have experienced a rebound over the recent couple of months, we note there are still a number of concerns that will continue to overhang the industry for a number of quarters: Unemployment continues to remain extremely high, to within about a half a percent of the 10% level, as such the delinquency rates on prime loan home mortgages has increased. The 1Q09 moratorium on home foreclosures has been lifted and the level of new foreclosures has started to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/06/10/mtg-financials-industry-outlook/8147/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTG) Financials &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/06/10/mtg-financials-zacks-analyst-interviews/8146</link>
		<comments>http://www.stockbloghub.com/2009/06/10/mtg-financials-zacks-analyst-interviews/8146#comments</comments>
		<pubDate>Wed, 10 Jun 2009 22:37:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>
		<category><![CDATA[MGIC Investment Corp.]]></category>
		<category><![CDATA[MTG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=8146</guid>
		<description><![CDATA[Even though some financial institutions are ready, willing and able to return the funds received through the Troubled-Asset Relief Program (TARP), the sticking point remains what the government is willing to accept and what the financial institutions are willing to pay for the warrants attached to the preferred stock. While financial institutions have experienced a rebound over the recent couple of months, we note there are still a number of concerns that will continue to overhang the industry for a number of quarters: Unemployment continues to remain extremely high, to within about a half a percent of the 10% level, as such the delinquency rates on prime loan home mortgages has increased. The 1Q09 moratorium on home foreclosures has been lifted and the level of new foreclosures has started to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/06/10/mtg-financials-zacks-analyst-interviews/8146/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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