RADIAN GRP INC (RDN) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of RADIAN GRP INC (RDN) from OUTPERFORM to NEUTRAL on December 03, 2012, with a target price of $5.20.

Radian Group Inc. is the parent company of Radian Guaranty Inc. The company provides private mortgage insurance and risk management services to mortgage lenders nationwide these services increase homeownership opportunities by helping people to buy homes with down payments of less than 20 percent. Private mortgage insurance protects lenders from default-related losses on residential first mortgages and facilitates the sale of low-down-payment mortgage loans in the secondary market. (PRESS RELEASE)

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