Group, the nation's third-largest mortgage insurer, reported a 2.7% increase in net income, to $42.3 million. Earnings per share rose 12.7%, to $1.24.
Two other mortgage insurers also reported earnings late last week. CMAC Investment Corp., Philadelphia, earned $18.6 million, or 21.6% more than a year earlier. Earnings per share were up 20.6%, to 76 cents.