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Radian Releases Delinquency Data For July

Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., today released data for primary mortgage insurance delinquencies for July 2012. These details may also be found on Radian’s website at http://www.radian.biz/page?name=NewsReleases. Previously released historical data is also available on the website at http://www.radian.biz/page?name=FinancialReportsMortgageInsurance.

The information below regarding new delinquencies and cures is reported to Radian from loan servicers. The accuracy of these reports may be affected by several factors, including the date on which the report is generated and by the timing of servicing transfers.
   
     

July 2012
Primary New Insurance Written ($ in billions) $3.37
       
Beginning Primary Delinquent Inventory

(# of loans)
   

98,450
Plus: New Delinquencies     6,237
Less: Cures     (4,654)
Less: Paids

(including those charged to a deductible or captive)
    (1,463)
Less: Rescissions and Denials     (1,558)
Ending Primary Delinquent Inventory

(# of loans)
    97,012
 

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