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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.
Want to keep up to date on these companies? Add Radian, MGIC, and Genworth to your watchlist.