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Loan Modification

: Mortgage Lender Implode-o-Meter

MGIC Investments can't predict return to profit

By Implode-Explode Heavy Industries

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"Shares of MGIC Investment Corp. tumbled more than 20 percent Wednesday after the private-mortgage insurer posted a wider-than-expected fourth-quarter loss and said it can't predict when it will become profitable again."

Full post as published by Mortgage Lender Implode-o-Meter on January 20, 2011 (boomark / email).

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