Keefe, Bruyette & Woods Updates Genworth Model

According to Keefe, Bruyette & Woods, the Genworth GNW model and estimates have been updated to reflect last week's debt raise and recent MI delinquency reserving trends. Keefe, Bruyette & Woods reported that its 2011 estimate goes to $1.25 from $1.50 and 2012 goes to $1.80 from $1.85. Genworth closed yesterday at $12.98.