Radian, MGIC Rally as U.S. Eases Rules on Crisis-Era Loans
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Radian Group Inc. and MGIC Investment Corp. surged in New York trading after a U.S. regulator softened mortgage insurers’ standards on some loans.
Radian jumped 4.6 percent to $17.94 at 4:01 p.m., the most since October. Milwaukee-based MGIC climbed 4.4 percent.