Essent Group reported higher first-quarter earnings, supported by favorable mortgage credit performance, elevated persistency, and stronger investment income. Management said the housing market remains constrained by affordability and interest rates, indicating a mixed backdrop despite the earnings improvement.
Essent Group reported higher first-quarter earnings, supported by favorable mortgage credit performance, elevated persistency, and stronger investment income. Management said the housing market remains constrained by affordability and interest rates, indicating a mixed backdrop despite the earnings improvement.
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mildly positive
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0.25
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