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Radian Reports First-Quarter Loss

May 13--Continuing weakness in housing and credit markets pushed Radian Group Inc. to a first-quarter operating loss of $215.2 million from a profit of $106.9 million last year, the company said yesterday.
Reflecting the sharp increase in mortgage defaults, Radian paid $190.19 million in claims in the first quarter, nearly double the $95.82 million it paid in the same period a year ago.

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