A New Way to Ride the Housing Market Rebound

The housing market has been racing back, and that's meant good times for a variety of groups from banks and homebuilders to millions of homeowners. But one industry hit particularly hard during the housing meltdown may be overlooked as a way to invest in the "housing comeback" theme.

Mortgage insurers like Radian Group  (NYSE: RDN  ) and MGIC Investment  (NYSE: MTG  ) got clobbered during the downturn, but now appear to be firmly on the comeback trail. But new competition materialized during the crisis -- Essent Group -- and that company is about to hit the public markets.

In the video below, Motley Fool financials analyst Matt Koppenheffer breaks down the situation.

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