Form 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported) January 14, 2004

 


 

Radian Group Inc.

(Exact name of registrant as specified in its Charter)

 

Delaware   1-11356   23-2691170

(State or other jurisdiction of

incorporation or organization)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

1601 Market Street, Philadelphia, PA

(Address of principal executive offices)

     

19103

(zip code)

 

(215) 564-6600

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report)

 



ITEM 12.   RESULTS OF OPERATIONS AND FINANCIAL CONDITION

 

On January 14, 2004, Radian Group Inc. issued a press release announcing the addition of $96.0 million to its reserves in anticipation of $111.0 million in claims from a single manufactured housing transaction. The increase in reserves will result in a $62.0 million, or $0.66 per share, after tax reduction in earnings for the fourth quarter of 2003. The press release is furnished herewith as Exhibit 99.


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

       

RADIAN GROUP INC.

         
Date: January 15, 2004      

By:

 

/s/    C. ROBERT QUINT


            C. Robert Quint
            Chief Financial Officer

 

EXHIBIT INDEX

 

Exhibit

Number


    

99

   Press release, dated January 14, 2004, by Radian Group Inc.