Radian Comments on Updates to PMIERs [Yahoo! Finance]
Radian Group Inc. (RDN)
Last radian group inc. earnings: 2/5 06:27 pm
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Source: Yahoo! Finance
WAYNE, Pa., August 21, 2024 BUSINESS WIRE )--Radian Guaranty Inc., the principal mortgage insurance subsidiary of Radian Group Inc. (NYSE: RDN), announced that updates to the Private Mortgage Insurer Eligibility Requirements (PMIERs) that were issued today by Fannie Mae and Freddie Mac (PMIERs Updates), are not expected to have a material impact on Radian Guaranty's capital position or PMIERs cushion. In addition, given the limited expected impact, the Company does not believe the PMIERs Updates will require Radian Guaranty to adjust its investment portfolio asset allocation. Instead, the Company expects that any future changes to Radian Guaranty's investment portfolio will continue to be made in the ordinary course in pursuit of the Company's investment return objectives. The PMIERs Updates refine the standards for Available Assets under the PMIERs, which include the most liquid assets of a mortgage insurer available to pay claims. While the PMIERs do not prohibit a mortgage insur
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RDN
Earnings
- 7/31/24 - Beat
RDN
Sec Filings
- 11/4/24 - Form SC
- 9/13/24 - Form 8-K
- 9/12/24 - Form 4
- RDN's page on the SEC website