MI Unit Drags Down Old Republic’s 3Q Results

The moribund mortgage insurance business of Old Republic International Corp., Chicago, lost $238 million on a pretax basis in the third quarter, driving the parent company to a $117 million net loss for the period.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_464/mi-unit-drags-old-republic-3q-1027184-1.html

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