Radian Group Inc. reported a second-quarter profit Wednesday on lower loss provisions as other mortgage insurers, pressured by higher default rates, reported losses.

The Philadelphia company also said it has rescinded (rejected) a growing number of claims on grounds that false information voids its coverage.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.