Radian Group Inc. (RDN) and More Mortgage Insurers Get Their Groove Back

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Things are looking so good, in fact, that reinsurance company Arch Capital Group Ltd. (NASDAQ:ACGL) is getting in on the game, too. The reinsurer recently announced its intent to purchase CMG Mortgage Insurance and the platform of PMI Mortgage in order to take advantage of the potential profit windfall in the industry. Finally, it looks as if investors’ patience in the sector is going to be rewarded, and soon.

The article Mortgage Insurers Get Their Groove Back originally appeared on Fool.com and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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