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Radian hit by credit and housing woes

Story date: 2008-02-15 12:04:00
Added on: 2008-02-16 00:46:39


Financial Times - Radian Group , a financial guarantor hurt by gyrations in the credit and mortgage markets, on Friday reported a $618m fourth-quarter losses due to rising insurance claims and writedowns on derivatives. The loss, which was three times analysts ...


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