Radian Swings to Loss Despite Improved Business
During the three months that concluded on
Earnings at the
The severe deterioration in earnings was the result of a
"The company has determined to restructure this business and currently expects to incur charges relating to the changes necessary to reposition this business for sustained profitability," the report stated.
There was
For the entire first-half 2017, insurance written amounted to
Refinance share during the most-recent three-month period was 9 percent, sinking from 16 percent the previous quarter and 18 percent the same-three months last year..
Second-quarter 2017 activity left primary insurance in force at 928,879 loans for
Radian's book of business was bolstered from 909,716 loans for
At the end of
___
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