Radian Reports $475m Q210 Loss, Expects 2010 Mortgage Insurance Claims to Total $1.5bn
from HousingWire.com
Losses continue to mount at Radian Group (RDN: 7.61 -15.73%), with the Philadelphia-based mortgage insurer reporting a net loss of $475.1m — $4.31 per share — in Q210. The loss is up from the $310.4m loss Radian reported in Q110, and comes despite an offering of 50m shares of stock in May and reports in June [...]
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