In its first-quarter earnings release, we got a glimpse of how AIG's (AIG +0.71%) revived mortgage-guaranty operations are performing. Since getting back into the ring, the insurer has proved that it can do things differently from what preceded the financial crisis. In the video below, Motley Fool contributing writer Jessica Alling discusses the changes in AIG's guaranty operations, why this may be a good change for the insurer, and how things are going so far.
Did the insurer make the right move back into mortgages?
About the Author
After receiving the prestigious, if not tongue-in-cheek, "Future Bloodsucker of America" award for winning a stock market challenge in middle school, Jessica knew that her future lay in finance. But when her Finance degree's P/E ratios and other metrics weren't enough, she added a degree in English to her repertoire. Though some questioned the combination, her work with the Fool has clarified the method to her madness to those that couldn't see the connection before. Oh, and she still has that award framed in her office.