The housing market has been racing back, and that's meant good times for a variety of groups from banks and homebuilders to millions of homeowners. But one industry hit particularly hard during the housing meltdown may be overlooked as a way to invest in the "housing comeback" theme.
Mortgage insurers like Radian Group and MGIC Investment got clobbered during the downturn, but now appear to be firmly on the comeback trail. But new competition materialized during the crisis -- Essent Group -- and that company is about to hit the public markets.
In the video below, Motley Fool financials analyst Matt Koppenheffer breaks down the situation.
Wise words from Warren Buffett
Warren Buffett has made billions through his investing and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.
The article A New Way to Ride the Housing Market Rebound originally appeared on Fool.com.
Matt Koppenheffer owns shares of Goldman Sachs, JPMorgan Chase, American International Group, and Genworth Financial. The Motley Fool recommends American International Group and Goldman Sachs. The Motley Fool owns shares of American International Group and JPMorgan Chase and has the following options: long January 2014 $25 calls on American International Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.