American International Group Inc (AIG): Consumer Bureau Gives Mortgage Insurance Companies a Wrist Slap

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In sum, many analysts agree that Genworth Financial Inc (NYSE:GNW) and Radian Group Inc (NYSE:RDN) earnings are improving — the share price for both has rebounded dramatically, and there is room to grow. American International Group Inc has turned the corner, but still has a way to go on the road to recovery. MTG looks like a pass at this time.

Ultimately, the CFPB case continues the probes by an array of federal authorities into the mortgage fiasco, but it will not affect the insurers’ bottom line.

Kyle Colona has no position in any stocks mentioned. The Motley Fool recommends American International Group. The Motley Fool owns shares of American International Group and has the following options: Long Jan 2014 $25 Calls on American International Group.

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