Mortgage - Home Mortgage, Mortgage Loans, Rates, Calculators, Mortgage Brokers, Credit, Landers  

Go Back   Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How

Mortgage insurer Radian posts massive quarterly loss

This is a discussion on Mortgage insurer Radian posts massive quarterly loss within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; PHILADELPHIA - Radian Group Inc., whose primary business is insuring mortgages against defaults, on Friday posted a massive loss for ...


Google Ads
Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 02-15-2008, 10:14 PM
Administrator
 
Join Date: Oct 2007
Posts: 44,600
Your Earnings US $: 187,004.70
How To Earn By Posting?
Default Mortgage insurer Radian posts massive quarterly loss

PHILADELPHIA - Radian Group Inc., whose primary business is insuring mortgages against defaults, on Friday posted a massive loss for the fourth quarter as the nation's housing crisis continued to hurt the company's bottom line.

More...

(Source: Google Blog Search)
Reply With Quote

Tags
insurer, loss, massive, mortgage, posts, quarterly, radian


Similar Threads
Thread Thread Starter Forum Replies Last Post
Insurer AIG posts large loss on bad mortgage bets Administrator Mortgage Know-How 0 08-07-2008 01:23 AM
AIG posts $5.3B loss in 4Q Administrator Mortgage Know-How 0 02-29-2008 02:10 AM
Fannie Mae posts $3.6 billion loss Administrator Mortgage Know-How 0 02-28-2008 03:22 PM
Merrill Lynch posts almost $10B loss in 4Q Administrator Mortgage Know-How 0 01-18-2008 01:51 AM
CompuCredit quarterly loss hits $53 million Administrator Mortgage Know-How 0 11-06-2007 02:08 AM


Bookmark this thread
Share |

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Discussion Mortgage insurer Radian posts massive quarterly loss in printable format

All times are GMT. The time now is 03:13 AM.


Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive