Shares of MGIC Investment (MTG), which rose 28c, or 18.30%, to $1.81 after its regulator Freddie Mac (FMCC) announced a plan to help MGIC bypass existing capital requirements in states where it has yet to obtain waivers.
Sentiment: Strong Buy
wo bu dong...
isnt this just the friday announcement? Freddie letting them write policy in all stats (exc. Wisc) regardless of capital reqs?