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Derivatives Send Mortgage Insurer To Bigger Losses

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.

  • 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.

Click here to read the story from Reuters

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