Radian loses $217M in 1Q – Bizjournals.com

by: admin Tuesday, May 5th, 2009


 Radian loses $217M in 1Q   Bizjournals.com
Radian loses $217M in 1Q
Bizjournals.com, NC - Jeff Blumenthal
were written down to reflect market value, represented $284.4 million of a total pre-tax loss of $334.4 million. First quarter mortgage insurance claims paid were below expectations at $152 million for first liens and $88 million for second liens.
Rising Defaults, Derivative Trades Lead Radian Losses Housing Wire
Radian Reports First Quarter Financial Results StreetInsider.com (subscription)
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