Radian Group (RDN)
Contrary to popular belief, the business of insuring mortgages and bonds isn’t a thing of the past, hindered by a lack of demand. Indeed, the industry is finally starting to find some stability again.
Radian Group (RDN) is the pick of the litter, largely driven by the fact that mortgage insurance revenue in the third quarter was the company’s second-strongest ever.
RDN also is on pace to swing back into the black during the coming year, which could be a huge catalyst.