Use "radian" in a sentence
radian example sentences
radian
1. In stocks like mortgage insurer Radian Group, Koza traded in and out of the stock many times with great success
2. Mike Koza’s investment in Radian Group (see Figure 3
3. However, during the housing bubble collapse and mortgage security meltdown of 2007 and 2008, the news reports coming out of Radian were the stuff of shareholder nightmares
4. Moreover, mortgage insurer MGIC Investment (NYSE: MTG) backed out of a $5 billion deal to acquire Radian
5. Koza bought a small stake in Radian in late October 2007 when its stock was trading around $13
6. The culprit was toxic mortgages and related securities, a market that Radian was a player in
7. “Radian is one of those companies that had been hated over the entire crisis,” says Koza
8. Here is an excerpt from notes that Koza wrote about Radian on July 4, 2008
9. Only $36B of the $147B in mortgages “Insurance In Force” are covered by Radian
10. So if 100 percent of subprime borrowers default tomorrow (no more premiums paid) with zero cures and zero recovery to Radian,
11. If 50 percent of Alt-A borrowers default with zero cures and zero recovery to Radian, Radian could book losses as high as:
12. Feeling pretty confident about his $20-plus worst-case scenario book value analysis for Radian, Koza bought hundreds of thousands of shares of Radian at prices from $0
13. Radian diversified, so its guarantee business was primarily non-housing related; its investment portfolio was municipal bonds, so there was some diversification there
14. It didn’t take long for Koza to be vindicated in his Radian purchase
15. Koza bought more Radian stock
