"each $1 billion of NIW is expected to generate approximately $7.5 million in future after-tax value."Do the math folks. 14B in NIW from Q4 + Q1 + April. That's $105M in future after-tax value in the last SEVEN months.Radian did $15.5B in NIW all of 2011. They will hit at least $25B with a shot at $30B in NIW. DO THE MATH. They've done over $9B in 2012 in 4 months. If they do $2B/mo next 8 months, you get to $25B.Servicers and investors are going to modify and short sale everything possible was the message I heard. It will have a substantial positive impact on claims.The prospect of this company going BK such Bullsh--.
also RDN will not be paying any taxes on future eps for sometime.
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