Radian Group, Inc.
Company Overview
Radian Group Inc. is a mortgage insurance company that provides private mortgage insurance and related risk management products and services to mortgage lenders and real estate services to financial institutions. The company operates through two primary segments: Mortgage Insurance and Real Estate Services.
The company's main business involves protecting mortgage lenders against default-related losses. When homebuyers make down payments of less than 20% on conventional loans, lenders typically require private mortgage insurance to protect against potential losses.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $333.39m | $138.47m | - | $29.39m | 0.00% | 21.23% |
| June 30, 2024 | $321.15m | $133.02m | - | $27.06m | 0.00% | 20.35% |
| March 31, 2024 | $319.42m | $120.77m | - | $29.05m | 0.00% | 24.05% |
Company Impact
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