Mortgage insurer Radian Group Inc. said today it expects to incur "significant" losses in 2009, as a deteriorating economy and steep rise in unemployment have increased the likelihood that borrowers will default on mortgages.
Mortgage insurer Radian Group Inc. said today it expects to incur "significant" losses in 2009, as a deteriorating economy and steep rise in unemployment have increased the likelihood that borrowers will default on mortgages.