Derivatives Send Mortgage Insurer To Bigger Losses

01 May 2013

Mortgage insurer Radian Group reported wider losses in the first quarter from a year earlier as losses from derivatives nearly doubled after changes in the fair value of the instruments.

Mortgage insurer Radian Group reported wider losses in the first quarter from a year earlier as losses from derivatives nearly doubled after changes in the fair value of the instruments.

Click here to read the story from Reuters

...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial