Radian posts $65M net income in 3Q after Clayton, other charges

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PHILADELPHIA (AP) _ Radian Group Inc. (RDN) on Thursday reported second-quarter net income of $208.9 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Philadelphia-based company said it had profit of 96 cents. Earnings, adjusted for non-recurring gains, were 69 cents per share.

Radian posts $65M net income in 3Q after Clayton, other charges Freddie Mac pushes back uldd phase 3 soft launch 12 cities where borrowers save big on mortgages and how lenders help

Radian Group (RDN) Q1 Earnings and Revenues Beat Estimates. Total net premiums earned were $242.6 million, up nearly 9.4% year over year. New mortgage insurance written grew 15.8% year over year to $11.7 billion in the quarter under review. As of Mar 31, 2018, total primary mortgage insurance in force was $204.0 billion,

Radian posts $65M net income in 3Q after Clayton, other charges The 3Q results made for a 9M 2009 Net Income of $69.5 million, down 42% on the same period 2008, with 9M OIBDA down 18% to $428.1 million, on a 15% year on year drop in revenues to $1.073 billion. The postings showed the impact of the depreciation of the Rouble against the U.S.