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Things at Ocwen just went from bad to much, much worse

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Items Tagged with 'Radian'

ARTICLES

Radian selects Clifford Rossi as chief economist

Will also serve as senior vice president
Ben Lane
In this position, Rossi will have responsibility over Radian’s research, forecasts, quantitative analysis and financial modeling of the company’s mortgage insurance portfolio, as well as the housing and mortgage markets.
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Clayton Holdings adds Jeff Tennyson as chief operating officer

Recently served in similar role at B2R Finance
Ben Lane
In his position with Clayton, Tennyson will oversee all of Clayton's U.S. business units including: Transaction Management, Consulting, Surveillance, Commercial Due Diligence and Green River Capital, the company said.
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Radian 4Q net income surges to $428.3M

Beat revenue expectations
Brena Swanson
Radian reported a strong fourth-quarter, with its net income soaring to $428.3 million, or $1.78 per diluted share, compared to a net income of $36.4 million, or $0.21 per diluted share, for the same quarter a year ago.
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SEC filings reveal BlackRock’s substantial interest in housing

Ownership disclosures show breadth of empire
Ben Lane
Over the last few weeks, HousingWire has chronicled the stock ownership disclosures of BlackRock, revealing that the company holds significant interest in many of housing’s biggest names, including Altisource Residential, CoreLogic and Lowe’s. As it turns out, those disclosures only scratch the surface of how deep BlackRock’s roots extend into housing.
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Radian: Mortgage delinquencies steadily decrease

Writes more private mortgage insurance
Brena Swanson
Private mortgage insurer Radian continued to grow, writing $3.43 billion in new primary mortgage insurance in December 2014.
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Big claim: Private mortgage insurance saves homeowners up to $12,000

WalletHub highlights stark differences in FHA, private MI
Trey Garrison
With new lending guidelines out from the GSEs, the stark differences between FHA and private mortgage insurance is all the more evident. Here's how much it costs.
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Radian: Mortgage delinquencies dropping

Book of new business increases
Jacob Gaffney
The news comes as no surprise as Monday Morning Cup of Coffee notes a Bank of America Merrill Lynch report finds business at the Federal Housing Administration, the government-backed mortgage insurance provider, is collapsing for various reasons.
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Goldman hired for Radian Asset selloff

Pending private mortgage insurance rules speed up process
Brena Swanson
Radian hired Goldman Sachs to evaluate interest in its financial guaranty business Radian Asset, according to Radian. The company has been in the runoff since 2008.
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FHFA's PMI changes will burden legacy companies but not newer entrants

MGIC, Radian, Genworth hit hardest
The Federal Housing Finance Agency's proposed revision of private mortgage insurance requirements will be a burden for legacy companies, but not so much for newer PMI industry entrants, a note to clients from Compass Point Trading & Research says.
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4 quick reactions to FHFA mortgage insurer liquidity plan

Regulators want proof insurers can pay claims
Jacob Gaffney
The Federal Housing Finance Agency wants private insurers to show proof they can cover losses on defaulted mortgages, even in adverse economic times. It didn't take long to get a response from Fannie, Freddie, Radian and National MI.
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