Radian Group Inc. reported a net income of $148.0 million, or $0.76 per diluted share, for the quarter ended December 31, 2020. The results were impacted by the pandemic environment, but the company successfully increased book value per share by 11%, wrote record-breaking levels of new mortgage insurance business, and grew revenues in its real estate segment.
Increased book value per share by 11%.
Wrote record-breaking levels of new mortgage insurance business.
Grew revenues in the real estate segment.
Business model weathered the storm as designed, demonstrating strength and resilience.
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