Shares of Mortgage and Bond Insurers Continue to Rally
March 31, 2010 at 13:03 PM EDT
Shares of mortgage and bond insurers are seeing notable strength on Wednesday after a Mortgage Insurance Companies of America (MICA) monthly statistical report for February showed that for the first time in almost four years mortgage defaults were down sharply. According to the report, MICA’s members reported 68,675 defaults and 80,758 so-called cures (which measure [...]
