Form 10-K RADIAN GROUP INC For: Dec 31
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Radian Group's (RDN) Mortgage Insurance Subsidiary to Update Premium Rates
February 29, 2016 6:32 AM ESTRadian Group Inc. (NYSE: RDN) announced that its principal mortgage insurance subsidiary, Radian Guaranty Inc., will be updating its premium rates for its mortgage insurance business. The updated rates will provide increased risk-based granularity to the companys pricing and better align its pricing with the capital requirements under the GSE Private Mortgage Insurer Eligibility Requirements and with industry trends.
Radians new borrower-paid monthly rate card, which is available on the companys website and will become effective in April, subject to regulatory approval, has the following... More
