SOURCE: StockCall

StockCall

October 13, 2010 08:56 ET

Equity Research on MGIC Investment Corp. and Old Republic International Corp. - Developments Influencing the Surety & Title Insurance Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - October 13, 2010) -  www.stockcall.com/ offers investors comprehensive research on the surety & title insurance industry and has completed analytical research on MGIC Investment Corp. (NYSE: MTG) and Old Republic International Corp. (NYSE: ORI). Register with us today at www.stockcall.com/ to have free access to these researches. 

The Mortgage and Title Insurance sector saw its stock values take a hit recently as news spread that Title Insurance companies were no longer issuing policies in certain cases. Companies within the sector have grown concerned about wrongful foreclosure practices by lenders. Many banks have currently placed a moratorium on foreclosures as news came out that false or unverified data was being used during the foreclosure process. This elicited the recent refusal to issue title insurance on houses that had been previously foreclosed as insurers are worried the errors will embroil them in costly court battles. In an effort to avoid this litigation, title insurers are asking lenders for a warranty that guarantees the accuracy of data used during foreclosures. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the surety & title insurance industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the surety & title insurance industry can have easy and free access to our analyst research and opinions on MGIC Investment Corp. and Old Republic International Corp.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

The sector is seeing some benefit on the mortgage insurance side of things. On Oct. 4th the Federal Housing Administration announced a change in its premium pricing structure for mortgage insurance. After growing its market share from 3% to over 30% during the recession, the FHA found itself over-stretched with an evaporating reserve. The recent price hike aimed at stabilizing its capital will likely cede a large portion of the market back to the private-sector. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

If the mortgage insurers are able to rebuild a positive sentiment with their customers after attempts to annul certain loan policies, they should see a large uptick in sales during the coming months.

Next week will see the releasing of two financial readings from Old Republic International Corp. and MGIC Investment Corp. on the 18th and 19th October respectively. MGIC Investment Corp. and Old Republic International Corp. research reports are accessible for free by registering today at www.stockcall.com/MTG131010.pdf or www.stockcall.com/ORI131010.pdf

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