Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of mortgage insurer Radian
So what: What happens when multiple large competitors are unceremoniously removed from your industry? Good things, that's what.
For both Radian and competitor MGIC Investment
Now what: It seems plenty premature to think all of the fallout from the housing crisis is behind us -- particularly when you consider what's going on at Bank of America
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