MGIC Investment Corp., the mortgage insurer that requested waivers from its regulator to keep writing new policies, was unprofitable for a seventh straight period as homeowners struggled to make their payments.
The first-quarter net loss narrowed to $19.6 million, or 10 cents a share, from $33.7 million, or 17 cents, a year earlier, as results improved on investments, the Milwaukee-based company said Monday in a statement.
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