Industry News

Radian profit grows 42%

Mortgage insurance provider reports $163.7 million net income
Published on Apr 20, 2006

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by CareyBot

Mortgage insurance provider Radian Group said on Wednesday its first-quarter profit surged 42 percent, driven by growth in the company’s mortgage insurance and financial guaranty businesses. Income for the quarter was $163.7 million, or $1.96 per share, up from $115.6 ...

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