RDN - Radian Group Non-GAAP EPS of $1.07 revenue of $338.37M
Radian Group press release (NYSE:RDN): Q4 Non-GAAP EPS of $1.07. Revenue of $338.37M (-8.5% Y/Y). Total primary mortgage insurance in force as of December 31, 2021, increased to $246.0 billion, an increase of 1.8 percent compared to $241.6 billion as of September 30, 2021, and a decrease of 0.1 percent compared to $246.1 billion as of December 31, 2020. Net mortgage insurance premiums earned were $249.7 million for the quarter ended December 31, 2021, compared to $236.9 million for the quarter ended September 30, 2021, and $286.8 million for the quarter ended December 31, 2020. The mortgage insurance provision for losses was a benefit of $46.6 million in the fourth quarter of 2021, compared to provisions of $16.8 million in the third quarter of 2021, and $56.3 million in the fourth quarter of 2020. The number of primary delinquent loans was 29,061 as of December 31, 2021, compared to 33,795
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Radian Group Non-GAAP EPS of $1.07, revenue of $338.37M