Pre-2008 business continues to fade at Radian

|About: Radian Group, Inc. (RDN)|By:, SA News Editor

Net loss of $0.07 per share or $12.7M includes $22M booked for Freddie Mac agreement and $16.8M in extra compensation expense due to the big performance of the company's stock. Book value per share of $5.17.

Statutory capital of $1.3B is up $100M from the end of Q2 and $300M from a year ago.

$13.7B in new mortgage insurance written, up from $13.4B in Q2 and $10.6B a year ago. It's the 2nd largest amount ever. Post-2008 business now accounts for 57% of insurance book.

CC at 10 ET.

RDN +0.1% premarket.