Dec 23 (Reuters) - Mortgage insurer Radian Group Inc said it would sell its bond guaranty business to Assured Guaranty Ltd for $810 million to focus on mortgages and real estate and comply with proposed changes to rules governing private mortgage insurers.
Dec 23 (Reuters) - U.S. private mortgage insurer Radian Group Inc said it would sell its financial guaranty insurance unit to Assured Guaranty Ltd for $810 million.
Treasury issuance and lower rates ; privatization of Fannie & Freddie ; curtailing FHA for the benefit of private insurers [ RDN , MTG ]; Keystone pipeline becoming a reality and benefitting some refiners [ VLO, PSX ]; boost for LNG exports benefitting
Cap Value Index and the S&P 500. Much larger than average helpings of mortgage insurers MGIC Investment MTG and Radian Group RDN , as well as digital entertainment names Netflix NFLX and Pandora Media P have propelled this fund's resurgence
We are dropping coverage of Radian Group RDN . We provide broad coverage of more than 1,700 companies across more than 140 industries, and adjust our coverage as necessary based on client demand and investor interest.
Radian Group RDN reported a large first quarter loss primarily the result of a $168 million change in the fair value of derivatives at its financial
boosted the share price of firms in the mortgage insurance business. The two leading monoline mortgage insurers we cover, Radian RDN and MGIC MTG, have seen their shares skyrocket and both are up more than 60% since the beginning of the year, but we think caution
Radian Group 's RDN net loss from mortgage insurance came in lower than in the fourth quarter of last year as the firm reported increased written and
Radian Group RDN reported net income of $0.11 per diluted share in the third quarter as its mortgage insurance earned premium increased 9% and
Radian Group RDN reported a second-quarter loss of $0.90 per diluted share versus a profit of $1.03 per diluted share in the same quarter