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December 24, 2014

Radian Guaranty Agrees to Sell Sub for $810 Million But Still has a ‘PMIER’ Short Fall

By Paul Muolo

Radian, said Ibraham, expects to be fully compliant with the PMIER rules and the sale of RAA will help the company “accelerate our ability to do so.”

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HUD has announced a 25 basis point cut in FHA premiums, which is slated to take effect in late January. Is your lending shop for or against a cut in FHA premiums?

For. It should help lending volumes.
Against. The private MI sector should take on this risk, not the government.
Too early to say.
I believe the new White House may scuttle the idea so it doesn’t matter.

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