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Radian Says Bond Insurer Could Free Up Capital Very Soon

Radian Group Inc. may decide on a plan to free up funds at its bond insurer by the end of the year, Chief Financial Officer Bob Quint said today.

“It could be very soon,” Quint said at a conference held by JMP Securities today in New York. “The more important thing is to do the right thing and get the right value for it, as opposed to, ‘We’ve got to do something by next whenever.’”