2011-11-09 — mortgagenewsdaily.com
``Another company being watched is MGIC after hedge fund manager Kyle Bass, here in Dallas bought a 4.9% stake in MGIC Investment Corp, according to federal filings. He said on Monday the bet reflected his view that the housing market's losses had largely been absorbed. "You can see that the pig has moved through the python in terms of U.S. housing losses," he said.''
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