Radian (RDN) Rallies on Softened Mortgage Insurer Standards

Shares of Radian Group (RDN) rallied nearly 6% on heavy volume in late morning trading Monday, following the publication of final mortgage insurer guidelines from Fannie Mae (FNMA) and Freddie Mac (FMCC) late on Friday. The Federal Housing Finance Agency, which oversees government-owned, mortgage-investment companies Fannie and Freddie, announced softened mortgage insurers’ rules, Bloomberg reports. […] View the full post at: Radian (RDN) Rallies on Softened Mortgage Insurer Standards Related posts: Fannie and Freddie: What Would Happen If They Fail Delinquencies Rising Even Among Prime Borrowers Citigroup Slashes its Wholesale Mortgage Business
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.