Detail akcie Triad Guaranty online

Business Summary: Triad Guaranty Inc. insures mortgage servicers and investors against losses that are incurred when a loan goes into default. The Company supports loss mitigation programs available whether they are administered by the federal government; state government; or mortgage loan servicers or investors. The Company works with the servicer and the borrower for homeowner retention and/or minimization of the loss. The Company provides services, such as mitigation approval process and support for loss mitigation. The Company also provides assistance to its servicers by providing several options for default reporting and claim submission, such as electronic transmission, hard copy mailing and facsimile.
Financial Summary: BRIEF: For the nine months ended 30 September 2012, Triad Guaranty Inc. revenues decreased 21% to $119.1M. Net loss increased from $46.8M to $102.4M. Revenues reflect Net investment income decrease of 27% to $17.4M. Higher net loss reflects Other operating expenses increase of 15% to $16.2M (expense), Interest expense increase of 14% to $15.1M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$3.07 to -$6.69.