Opinions and observations expressed on this blog reflect the authors' individual experiences and should not be construed to be financial advice. None of the members of this blog are licensed financial advisors. Please consult your own licensed financial advisor if you wish to act on any recommendations here.

Sunday, October 3, 2010

Checking in With the Mortgage Bond Insurers

In the interest of maintaining accountability on calls recommended on this site, here is a brief update on the performance of the mortgage bond insurers since they were thoroughly examined on July 22nd.

Well, I recommended MGIC (MTG) at that time and it has merely been second best, trailing MBIA (MBI) by a fairly wide margin. Clearly, MBIA has been on fire, even with a slight recent pullback. Ambac and Radian have been disasters while PMI has held in there, very closely tracking MGIC, much to my surprise.

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