Items Tagged with 'Radian'


From HW Magazine

Unlocking the door to homeownership

Two programs strike a delicate balance between access and quality
Almost a decade after the housing crisis, many responsible potential homeowners remain locked out of the market. But recently there have been a pair of hopeful developments that may be key to opening doors to homeownership for qualified first-time and underserved buyers. Fannie Mae and Freddie Mac have unboxed two long-anticipated initiatives designed to make credit more available to deserving potential buyers without compromising standards. Importantly, these are not politically driven affordable lending programs. 
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Radian, Arch MI 3Q results are in and they look good

Volume hits new record
Results for the third quarter of 2016 continue to pour in for the mortgage industry. The latest on the ticket are mortgage insurance companies Arch MI and Radian. The results from both company share a common theme: the mortgage insurance business is booming.
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Clayton Holdings launches new underwriting program for "fix and flip" lending

Company offers end-to-end underwriting, valuation and due diligence solution
Clayton Holdings, a provider of loan due diligence, surveillance, REO management, consulting, valuation, title and settlement services to the mortgage industry, revealed its latest offering. The new solution is already in the market and is specifically designed for the "fix and flip" market.
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Radian CEO S.A. Ibrahim announces plans to retire

Will serve through end of contract on December 2017
Radian Group, which offers private mortgage insurance, risk management products and real estate services to financial institutions, will soon be looking for a new chief executive officer, as the company’s current CEO, S.A. Ibrahim, announced that he plans to retire next year.
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Here's why Radian's 1Q revenue beat expectations

New mortgage insurance written drops to $8.1B
It was a strong quarter for mortgage insurer Radian. The company beat revenue expectations and was in-line with earnings per share expectations. Here’s how the company fared along with their reason behind the positive quarter.
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Radian launches homebuyer education website for consumers

Mortgage insurer provides information for buyers, sellers
It’s no surprise that various entities maintain homebuyer education tools available for consumers, including the Consumer Financial Protection Bureau, Fannie Mae, the Mortgage Bankers Association, and others. But a new homebuyer education tool is coming, from another source – a private mortgage insurer.
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Clayton names Jeff Tennyson interim president after D'Urso departs

Effective immediately
In light of the immediate departure of Clayton's former president Joe D'Urso, the company announced that Jeff Tennyson will serve as interim president of Clayton Holdings. Tennyson joined the company in February 2015 as chief operating officer and brings more than 30 years of experience in the financial services industry to the position.
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From HW Magazine

What's driving mortgage lending behavior?

Mortgage data suggests compliance costs and repurchase risk play a part
That lenders may be holding back a bit is not surprising as lessons from behavioral finance studies suggest that individuals tend to weight recent experience more than the past. Applied to the mortgage business and compounded by rising compliance costs, recent experience with heavy credit losses of the crisis could be dampening management enthusiasm for credit expansion in an otherwise expanding, albeit tepid economy.
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Radian earns $70 million in third quarter

Mortgage insurance business steady
Mortgage insurance at the company remains steady. New mortgage insurance written was $11.2 billion for the quarter, compared to $11.8 billion in the second quarter of 2015 and $11.2 billion in the prior-year quarter.
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