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What: Shares of mortgage insurer Radian Group
So what: Radian, along with fellow mortgage insurers like MGIC Investment
Now what: If this proposal is carried through, it will likely be a big positive for Radian and its ilk. At the same time, the worry might be that any further disruption this causes in the housing market could offset some of the benefit.
The overall picture for this group still is far from rosy though. Through earnings reports we heard that most of these insurers are drawing a blank when it comes to when their mortgage insurance operations will be profitable again. In the quest to get back in the black, slashing the government's role in housing would help, but it won't be a quick cure-all.
Fool contributor Matt Koppenheffer owns shares of Genworth Financial but does not own shares of any of the other companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.