Mortgage News
Radian
Rate and Guideline Changes Effective July 14, 2008
Radian’s continued in-depth surveillance and review of mortgage market conditions and
loan performance lead us to conclude that additional changes to our guidelines and pricing
are necessary to address current risk exposure and maintain prudent underwriting practices.
These changes, effective for all mortgage insurance applications received on or after July
14, 2008, will help Radian’s clients provide appropriate and affordable homeownership
solutions for borrowers, while driving high-quality and profitable business. See guidelines go to
http://www.radianmi.com/pdf/Summary_of_July-14_Guideline_Revisions.pdf
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