For reference, AORE, look up the ticker, paid about 65 million to commute 5x (thats 5 times) the amount of bond exposure than what Radian had with FGIC, yes, they both reinsured FGIC insured bonds. AORE indicated that this commuation will hit their financials as a 13 million dollar negative, so if Radian's commutation has the same effect, Not Good. FGIC was taken over by their state regulator and were essentially forced to do these commutations as they were in a similar situation as AMBAC, only worse. I am not bashing, just trying to inform the uninformed as to what other stuff Radian has on their books.
Read the Barron's article. They listed plenty of very serious concerns about Radian. Basically Barron's accused them if fudging and pushing off delinquencies to make their balance sheet look better and reduce losses. They just pushed all these losses back into 2013 and 2014 which they fell like they will not be financially sound. The insiders are also not buying while they are painting a rosy outlook.