Monday, September 13, 2010

Radian Releases Delinquency Data for July and August - MarketWatch

Radian Releases Delinquency Data for July and August - MarketWatch: "PRESS RELEASE
Sept. 13, 2010, 8:00 a.m. EDT � Recommend � Post:
Radian Releases Delinquency Data for July and August


PHILADELPHIA, Sep 13, 2010 (BUSINESS WIRE) -- Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., today released data for primary mortgage insurance delinquencies for the months of July and August 2010. These details may also be found on Radian's website at http://www.radian.biz/page?name=NewsReleases.

July 2010 August 2010 --------- ----------- Primary New Insurance Written ($ in billions) $1.0 $1.1 Beginning Primary Delinquent Inventory 138,015 137,374 (# of loans) --------------------------------------------- --------- ----------- Plus: New Delinquencies 9,930 9,084 --------------------------------------------- --------- ----------- Less: Cures (7,616) (8,142) --------------------------------------------- --------- ----------- Less: Paids (2,495) (2,030) (including those charged to a deductible or captive) --------------------------------------------- --------- ----------- Less: Rescissions and Denials (460) (897) --------------------------------------------- --------- ----------- Less: Terminations * -- (4,296) --------------------------------------------- --------- ----------- Ending Primary Delinquent Inventory 137,374 131,093 (# of loans) --------------------------------------------- --------- -----------


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