Quarterly business was slightly off at Radian Guaranty Inc., though the mortgage insurer improved its delinquency and earnings.
The Philadelphia-based company reported in its third-quarter earnings report that it wrote $11.176 billion in primary new insurance.
Business slipped from the three months that ended on June 30, when Radian wrote $11.751 billion in primary new insurance.
Activity also fell short of the same quarter last year, a period that saw $11.210 billion in new insurance written.
During the first-nine months of 2015, new business totaled
$32.312 billion.
Radian reported that 812,657 loans were insured as of Sept. 30, 2015, more than the 802,719 three months earlier and 783,414 a year earlier.
The mortgage insurance company
said it finished last month with $174.866 billion primary insurance in force.
The book grew from $172.692 billion at the end of the second quarter and $169.222 billion at the close of the third-quarter 2014.
As of the end of September 2015, the default rate was 4.08 percent.
Delinquency tumbled from 4.32 percent at the end of June and 5.44 percent at the same point last year.
Radian said its pretax income from continuing operations climbed to nearly $116 million from $80 million in the second quarter but slipped from more than $116 million in the year-earlier period.
