Business
Consumer advocates ask a judge to overturn the state’s ban on cheaper lien protection policies offered by Radian.
Nov. 20, 2002
MGIC Investment Corp., the largest U.S. mortgage insurer, will buy No. 3 Radian Group Inc. for $4.9 billion in stock as the market for protection against home-loan defaults stagnates.
Feb. 7, 2007
State Insurance Commissioner John Garamendi has rejected a decision by an administrative law judge who ruled that it was a violation of state statutes for companies to sell lien protection insurance as an alternative to title insurance policies.
April 17, 2003
Mortgage insurer MGIC Investment Corp. and rival Radian Group Inc. said Wednesday that they were abandoning plans to combine the companies, citing troubles in the mortgage industry.
Sept. 6, 2007
Los Angeles-based Dames & Moore Group bought Radian International from industrial and agricultural products giant Dow Chemical Co. for $117 million in cash, expanding its process engineering business.
Aug. 4, 1998
A landmark legal battle is taking shape for homeowners and mortgage refinancers--one that could stand in the way of huge savings for consumers nationwide.
Dec. 2, 2001
Widening disruptions affect mortgage insurers and lenders to people with poor credit.
July 31, 2007
Regulators, consumer activists and traditional insurers argue over whether it’s legal for mortgage insurers to offer lien protection.
May 1, 2003
California
The two pulp mills on Humboldt Bay may be old, ugly and smell bad, but they provide hundreds of jobs in a rural, job-starved economy.
Dec. 5, 1988
The cheaper form of title protection is illegal in California, Garamendi rules.
July 23, 2003