Mortgage Insurance Industry Benefitting From a Steadily Improving Housing Market in 2013

RDInvesting Provides Stock Research on Genworth Financial and Old Republic International

Marketwired

NEW YORK, NY--(Marketwire - Mar 12, 2013) - Mortgage insurers have surged in 2013 as data supporting the U.S. housing market's recovery continues to roll in. Two separate reports were recently released showing improvements in U.S. home prices and sales. Research Driven Investing examines investing opportunities in the Mortgage Insurance Industry and provides equity research on Genworth Financial Inc. (NYSE: GNW) and Old Republic International Corporation (NYSE: ORI).

Access to the full company reports can be found at:

www.RDInvesting.com/GNW

www.RDInvesting.com/ORI

The Commerce Department recent reported new-home sales in the U.S. surged to a 4 and 1/2 year high in January. New-home sales in January increased 16 percent to a seasonally adjusted annual rate of 437,000. The value of homes in the 20 major cities tracked by the Standard & Poor's/Case-Shiller home price index gained 0.9 percent in December, and have surged 6.8 percent in 2012, the largest annual gain in nearly six years. Seven of the 20 cities saw double digit gains in home prices, while New York was the only city where prices declined.

"There's no doubt when you look at all the housing data that's come out, it certainly paints a picture of continued improvement in that market," said Anthony Chan, chief economist at Chase Private Client.

Research Driven Investing releases regular market updates on the Mortgage Insurance Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.RDInvesting.com and get exclusive access to our numerous stock reports and industry newsletters.

Shares of Genworth Financial rose 6.71 percent Monday on increased speculation that the company will benefit from the steadily improving U.S. housing market. "The resurgent U.S. mortgage market offers Genworth its best chance to grow," Barron's said in a recent article. "Investors think the shares, which still sell for less than half of book value, could be worth as much as $18 or more."

Old Republic International is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages, principally in the property and liability, mortgage guaranty and title insurance fields. The company has assets of approximately $16.2 billion and common shareholders' equity of nearly $3.6 billion or $14.03 per share.

Research Driven Investing has not been compensated by any of the above-mentioned publicly traded companies. Research Driven Investing is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.rdinvesting.com/disclaimer

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