MGIC 4Q net income jumps to $107.5 million

MGIC recorded a strong fourth quarter, posting net income of $107.5 million, or $0.28 per diluted share, which beat estimates by $0.06. However, Patrick Sinks, CEO of MTG and its primary subsidiary MGIC, explained that while the company achieved strong financial result in 2016, 2017 is not forecasted to go as well. http://www.housingwire.com/articles/38990-mgic-4q-net-income-jumps-to-1075-million ❤️ #share #mortgage

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