Radian (RDN +20.1%) soars after reporting Q3 profits increased 64% Y/Y as the mortgage insurer...

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

Radian (RDN +20.1%) soars after reporting Q3 profits increased 64% Y/Y as the mortgage insurer realizes benefits tied to fewer delinquencies and sees an increase in new mortgage insurance written. The company expects Q4 mortgage insurance claims paid to push the full-year total to $1.6B - before claims fall off to $1.3B in 2012.