$35.28 billion is new target for 2012 in NIW. Future profit is $264.61 million.
Delinquencies fall to 93 ,930.
Rescissions were 81 as servicers resubmitted claims with all documents.
Sentiment: Strong Buy
NIW for November approximately $4.25 billion.
Look for $4.25 billion next week NIW.
Expect Radian to write $5 billion a month once the FHA business kicks in from them raising their fees. 2013 is going to be a good year for revenues and profits.
Radian best in mi sector.
Radian will take marketshare in Q3.
Delinquencies to fall below 90,000 by yearend.
There is lag in NIW and earnings showing up in net Premiums Earned.
When I find why the lag, I will report.
The last big year for NIW was 2008 with $32.51 billion. RIF was $34.99 billions.
November and December remain and I am predicting that if Radian writes $3 billion each month target will be met of $36 billion.
New delinquency fell in October 5,666 from. 6430 and cures were higher at 5198 from 4485 in September.