Radian (RDN) Shares Rally As Geithner Plans to Curb Govt Role
Shares of mortgage insurer Radian Group Inc. (RDN) shot up 15 percent this morning after a report from U.S. Treasury Secretary Tim Geithner called for gradually winding down mortgage buyers Fannie (FNMA.OB) and Freddie (FMCC.OB) and reducing the government’s role in the mortgage markets. The report also called for increasing the mortgage insurance premium charged [...]
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