<SEC-DOCUMENT>0001157523-15-003446.txt : 20151027
<SEC-HEADER>0001157523-15-003446.hdr.sgml : 20151027
<ACCEPTANCE-DATETIME>20151027080030
ACCESSION NUMBER:		0001157523-15-003446
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20151027
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20151027
DATE AS OF CHANGE:		20151027

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RADIAN GROUP INC
		CENTRAL INDEX KEY:			0000890926
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				232691170
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11356
		FILM NUMBER:		151176246

	BUSINESS ADDRESS:	
		STREET 1:		1601 MARKET STREET
		STREET 2:		12TH FLOOR
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2155646600

	MAIL ADDRESS:	
		STREET 1:		1601 MARKET ST
		STREET 2:		12TH FLOOR
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CMAC INVESTMENT CORP
		DATE OF NAME CHANGE:	19960126
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51209777.htm
<DESCRIPTION>RADIAN GROUP INC. 8-K
<TEXT>
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          &#160;
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    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 18pt"><br style="font-family: Times New Roman; font-size: 18pt"></font><font style="font-family: Times New Roman; font-size: 18pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 12pt"><b>WASHINGTON,
      DC 20549</b></font><br>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>FORM 8-K</b></font>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>The
      Securities Exchange Act of 1934</b></font><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Date
      of report (Date of earliest event reported) </b></font><b><u><font style="font-family: Times New Roman; font-size: 10pt">October
      27, 2015</font></u></b><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p style="text-align: center">
      <font style="font-size: 17pt"><b>Radian Group Inc.</b></font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>(Exact
      Name of Registrant as Specified in Its Charter)</b></font><br>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p style="text-align: center">

    </p>
    <div style="text-align:center">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; margin-left:auto;margin-right:auto; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 33%; padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="white-space: nowrap; width: 34%; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>1-11356</b></font>
          </p>
        </td>
        <td style="white-space: nowrap; width: 33%; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>23-2691170</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 33%; padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(State or Other Jurisdiction<br>of Incorporation)</b>
          </p>
        </td>
        <td style="width: 34%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(Commission<br>File Number)</b>
          </p>
        </td>
        <td style="width: 33%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(IRS Employer<br>Identification No.)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 60%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>1601
            Market Street, Philadelphia, Pennsylvania</b></font>
          </p>
        </td>
        <td style="white-space: nowrap; width: 40%; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>19103</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 60%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>(Address
            of Principal Executive Offices)</b></font>
          </p>
        </td>
        <td style="width: 40%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>(Zip
            Code)</b></font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <b>(215) 231 - 1000</b><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt"><b>(Registrant&#8217;s
      Telephone Number, Including Area Code)</b></font><br><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>(Former
      Name or Former Address, if Changed Since Last Report)</b></font><br><br>
    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: center">


    <p>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions </font>&#160;(<i>see </i>General Instruction
      A.2. below)<font style="font-family: Times New Roman; font-size: 10pt">:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 2.02.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      On October 27, 2015, Radian Group Inc. issued a news release announcing
      its financial results for the quarter ended September 30, 2015. A copy
      of this news release is furnished as Exhibit 99.1 to this report.
    </p>
    <p style="text-align: justify">
      The information included in, or furnished with, this report shall not be
      deemed &quot;filed&quot; for purposes of Section&#160;18 of the Securities Exchange Act
      of 1934 (the &quot;Exchange Act&quot;), nor shall it be deemed incorporated by
      reference in any filing under the Securities Act of 1933 or the Exchange
      Act, except as shall be expressly set forth by specific reference in
      such filing.
    </p>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p>

    </p>
    <p>
      <b>(d) <i>Exhibits.</i></b>
    </p>
    <p style="margin-left: 30.0px; font-size: 10pt">
      &#160;&#160;99.1*&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Radian Group Inc. News Release dated October 27,
      2015.
    </p>
    <p>
      _____________________<br>*&#160;&#160;Furnished herewith.
    </p>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <hr style="width: 100%; height: 1.0 pt; color: #000000; text-align: left">


    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      <br>

    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>RADIAN GROUP INC.</b></u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          (Registrant)
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Date:
        </td>
        <td style="width: 49%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          October 27, 2015
        </td>
        <td style="width: 4%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          By:
        </td>
        <td style="width: 41%; border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;/s/ J. Franklin Hall
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 41%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            J. Franklin Hall
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 49%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 41%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT&#160;INDEX</b><br><br>
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 12%; border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>No.</b>
          </p>
        </td>
        <td style="width: 4%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          &#160;
        </td>
        <td style="width: 84%; border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Description</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 12%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 84%; padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 12%; padding-left: 0.0px; text-align: left" valign="top">
          99.1*
        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 84%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Radian Group Inc. News Release dated October 27, 2015.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 12%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 84%; padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="3" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            * Furnished herewith.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51209777ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Radian
      Announces Third Quarter 2015 Financial Results</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>&#8211; Reports
      net income of $70 million or $0.29 per diluted share &#8211;</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>&#8211;
      Adjusted diluted net operating income of $0.31 per share &#8211;</b></font>
    </p>
    <p>
      PHILADELPHIA--(BUSINESS WIRE)--October 27, 2015--Radian Group Inc.
      (NYSE: RDN) today reported net income for the quarter ended September
      30, 2015, of $70.1 million, or $0.29 per diluted share. This compares to
      net income for the quarter ended September 30, 2014, of $153.6 million,
      or $0.67 per diluted share.
    </p>
    <p>
      Adjusted pretax operating income for the quarter ended September 30,
      2015, was $115.6 million, compared to adjusted pretax operating income
      for the quarter ended September 30, 2014, of $125.8 million. Adjusted
      diluted net operating income per share for the quarter ended September
      30, 2015, was $0.31. See &#8220;Non-GAAP Financial Measures&#8221; below.
    </p>
    <p>
      <b>Key Financial Highlights</b> <i>(dollars in millions, except per
      share data)</i>
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Quarter Ended<br>September 30,<br>2015
          </p>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Quarter Ended<br>September 30,<br>2014
          </p>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Percent<br>Change
          </p>
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="top">
          Net income from continuing operations
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $70.1
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $132.0
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          (47%)
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="middle">
          Diluted net income per share from continuing operations
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $0.29
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $0.58
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          (50%)
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="top">
          Adjusted pretax operating income
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $115.6
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $125.8
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          (8%)
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="top">
          Adjusted diluted net operating income per share *
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $0.31
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $0.37
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          (16%)
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="top">
          Revenues
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $297.3
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $272.1
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          9%
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="top">
          Book value per share
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $11.77
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          $9.08
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          30%
        </td>
      </tr>
    </table>
    </div>
    <p>
      <i>*</i> <i>Adjusted diluted net operating income per share is
      calculated using the company&#8217;s statutory tax rate.</i>
    </p>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
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        <div style="text-align: left">

        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;We were successful in growing our mortgage insurance in force with
      high-quality business and in further expanding the scope of services we
      offer through our fee-based businesses,&#8221; said Radian&#8217;s Chief Executive
      Officer S.A. Ibrahim. &#8220;We are excited about the growth and opportunities
      ahead for our mortgage insurance and mortgage and real estate services
      segments, as we continue to enhance and seek new opportunities for our
      existing products and services.&#8221;
    </p>
    <p>
      <b>THIRD QUARTER HIGHLIGHTS AND RECENT EVENTS</b>
    </p>
    <p>
      <i>Mortgage Insurance</i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        New mortgage insurance written (NIW) was $11.2 billion for the
        quarter, compared to $11.8 billion in the second quarter of 2015 and
        $11.2 billion in the prior-year quarter.

        <ul>
          <li style="margin-bottom: 10.0px">
            Of the $11.2 billion in new business written in the third quarter
            of 2015, 73 percent was written with monthly premiums and 27
            percent with single premiums. This compares to a mix of 68 percent
            monthly premiums and 32 percent single premiums in the second
            quarter of 2015.
          </li>
          <li style="margin-bottom: 10.0px">
            Refinances accounted for 13 percent of total NIW in the third
            quarter of 2015, compared to 23 percent in the second quarter of
            2015, and 16 percent a year ago.
          </li>
          <li style="margin-bottom: 10.0px">
            NIW continued to consist of loans with excellent risk
            characteristics.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Total primary mortgage insurance in force as of September 30, 2015,
        was $174.9 billion, compared to $172.7 billion as of June 30, 2015,
        and $169.2 billion as of September 30, 2014. Persistency, which is the
        percentage of mortgage insurance in force that remains on the
        company&#8217;s books after a twelve-month period, was 79.2 percent as of
        September 30, 2015, compared to 80.1 percent as of June 30, 2015, and
        84.3 percent as of September 30, 2014. Annualized persistency for the
        three-months ended September 30, 2015, was 80.5 percent, compared to
        76.2 percent for the three-months ended June 30, 2015, and 84.0
        percent for the three-months ended September 30, 2014.
      </li>
    </ul>
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        <div style="text-align: left">

        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        Total net premiums earned were $227.4 million for the quarter ended
        September 30, 2015, which included the favorable impact of an
        approximate $5 million reduction to the company&#8217;s accrual for
        rescission-related premium refunds, resulting from a reduction in
        rescission estimates. This compares to $237.4 million for the quarter
        ended June 30, 2015, which included the favorable impact of two
        significant items totaling $15.6 million, and $217.8 million for the
        quarter ended September 30, 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        The mortgage insurance provision for losses was $64.1 million in the
        third quarter of 2015, compared to $31.6 million in the second quarter
        of 2015, and $48.9 million in the prior-year period.

        <ul>
          <li style="margin-bottom: 10.0px">
            As compared to the third quarter of 2015, results in the second
            quarter of 2015 significantly benefited from a reduction in the
            company&#8217;s estimated claim rate on new defaults.
          </li>
          <li style="margin-bottom: 10.0px">
            The loss ratio in the third quarter was 28.2 percent, compared to
            13.3 percent in the second quarter of 2015 and 22.5 percent in the
            third quarter of 2014.
          </li>
          <li style="margin-bottom: 10.0px">
            Mortgage insurance loss reserves were $1.1 billion as of September
            30, 2015, compared to $1.2 billion as of June 30, 2015, and $1.6
            billion as of September 30, 2014.
          </li>
          <li style="margin-bottom: 10.0px">
            Primary reserve per primary default (excluding IBNR and other
            reserves) was $26,237 as of September 30, 2015. This compares to
            primary reserve per primary default of $27,279 as of June 30,
            2015, and $27,477 as of September 30, 2014.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        The total number of primary delinquent loans decreased by 5 percent in
        the third quarter from the second quarter of 2015, and by 23 percent
        from the third quarter of 2014. The primary mortgage insurance
        delinquency rate decreased to 4.1 percent in the third quarter of
        2015, compared to 4.3 percent in the second quarter of 2015, and 5.4
        percent in the third quarter of 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        Total mortgage insurance claims paid were $169.1 million in the third
        quarter, compared to $212.0 million in the second quarter, and $173.9
        million in the third quarter of 2014. Claims paid in the third quarter
        of 2015 include $62.0 million of claims paid relating to the September
        2014 BofA Settlement Agreement. The company expects mortgage insurance
        net claims paid for the full-year 2015 of approximately $700 million.
        Claims paid for the full-year 2016 are expected to be approximately
        $400&#8211;450 million.
      </li>
    </ul>
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        <div style="text-align: left">

        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        Radian Guaranty expects to be able to immediately comply with the
        financial requirements of the Private Mortgage Insurer Eligibility
        Requirements (PMIERs) developed by Fannie Mae and Freddie Mac that
        come into effect on December 31, 2015, by utilizing approximately $320
        million of existing holding company liquidity.
      </li>
    </ul>
    <p>
      <i>Mortgage and Real Estate Services</i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        On June 30, 2014, Radian completed the acquisition of Clayton Holdings
        LLC, a leading provider of risk-based analytics, residential loan due
        diligence, consulting, surveillance and staffing solutions. The
        company also provides customized Real Estate Owned (REO) asset
        management and single-family rental services through its Green River
        Capital subsidiary; advanced Automated Valuation Models, Broker Price
        Opinions and technology solutions to monitor loan portfolio
        performance, acquire and track non-performing loans, and value and
        sell residential real estate through its Red Bell Real Estate
        subsidiary; and a global reach through its Clayton EuroRisk subsidiary.
      </li>
      <li style="margin-bottom: 10.0px">
        Total revenues for the quarter were $43.1 million, compared to $44.6
        for the second quarter of 2015, and $42.2 million for the third
        quarter of 2014. Gross profit for the quarter was $17.2 million,
        compared to $19.1 million for the second quarter of 2015, and $18.3
        million for the third quarter of 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        Adjusted pretax operating income before corporate allocations for the
        quarter ended September 30, 2015, was $5.7 million, compared to $7.6
        million for the quarter ended June 30, 2015, and $9.4 million for the
        quarter ended September 30, 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        In order to help facilitate the evaluation of its Services segment,
        the company has introduced an additional non-GAAP financial measure
        representing earnings before interest, income taxes, depreciation and
        amortization (EBITDA). You may find details regarding this measure and
        its definition in press release Exhibits E, F and G.
      </li>
    </ul>
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        <div style="text-align: left">

        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        In October, Clayton announced that it had acquired ValuAmerica, Inc.,
        a national title agency and a fully-compliant appraisal management
        company with coverage across all 3,143 counties in the U.S. In
        addition, the company's award-winning technology platform, ValuNet
        xsp, helps mortgage lenders and their vendors streamline and manage
        their supply chains and operational workflow. The acquisition expands
        the scope of title and valuation services Clayton offers to its
        mortgage clients and is consistent with the company&#8217;s strategy of
        being a complete solution provider to the mortgage and real estate
        industries.
      </li>
    </ul>
    <p>
      <i>Expenses</i>
    </p>
    <p>
      Other operating expenses were $65.1 million in the third quarter,
      compared to $67.7 million in the second quarter of 2015, and $51.2
      million in the third quarter of last year.
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Operating expenses for the third quarter of 2015 were comprised of
        $51.5 million for the Mortgage Insurance segment, compared to $54.4
        million in the second quarter of 2015, and $42.2 million in the third
        quarter of last year.
      </li>
      <li style="margin-bottom: 10.0px">
        Operating expenses for the third quarter of 2015 were comprised of
        $13.1 million for the Services segment, compared to $12.8 million in
        the second quarter of 2015, and $9.5 million in the third quarter of
        last year.
      </li>
    </ul>
    <p>
      <b>CAPITAL AND LIQUIDITY UPDATE</b>
    </p>
    <p>
      Radian Group maintains approximately $710 million of currently available
      liquidity.
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Currently available holding company liquidity of approximately $710
        million reflects the following fourth quarter 2015 transactions:

        <ul>
          <li style="margin-bottom: 10.0px">
            A cash payment to repurchase $8.5 million principal amount of the
            company&#8217;s convertible senior notes due 2017 in a negotiated
            transaction
          </li>
          <li style="margin-bottom: 10.0px">
            The expected settlement of a holder&#8217;s conversion of $10.0 million
            principal amount of the company&#8217;s convertible senior notes due 2019
          </li>
          <li style="margin-bottom: 10.0px">
            Cash utilized for the Clayton acquisition of ValuAmerica
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Book value per share at September 30, 2015, was $11.77, compared to
        $11.28 at June 30, 2015.
      </li>
    </ul>
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        <div style="text-align: center">

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        </div>
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        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        As of September 30, 2015, Radian Guaranty&#8217;s risk-to-capital ratio was
        16.5:1 and statutory capital was $2.0 billion. The Mortgage Insurance
        segment&#8217;s combined risk-to-capital ratio was 17.9:1 and statutory
        capital was $2.3 billion.
      </li>
      <li style="margin-bottom: 10.0px">
        As of September 30, 2015, a total of $2.3 billion of risk in force
        outstanding had been ceded under quota share reinsurance agreements in
        order to proactively manage Radian Guaranty&#8217;s risk-to-capital
        position. Radian has ceded the maximum amount of NIW under these
        agreements and has not ceded any premium on new business in 2015.
        Radian expects to exercise its option to recapture 50 percent of the
        ceded risk under the Second Quota Share Reinsurance Transaction on
        December 31, 2015.
      </li>
    </ul>
    <p>
      <b>CONFERENCE CALL</b>
    </p>
    <p>
      Radian will discuss third quarter financial results in a conference call
      today, Tuesday, October 27, 2015, at 10:00 a.m. Eastern time. The
      conference call will be broadcast live over the Internet at <u>http://www.radian.biz/page?name=Webcasts</u>
      or at <u>www.radian.biz</u>. The call may also be accessed by dialing
      800.230.1096 inside the U.S., or 612.332.0228 for international callers,
      using passcode 371396 or by referencing Radian.
    </p>
    <p>
      A replay of the webcast will be available on the Radian website
      approximately two hours after the live broadcast ends for a period of
      one year. A replay of the conference call will be available
      approximately two and a half hours after the call ends for a period of
      two weeks, using the following dial-in numbers and passcode:
      800.475.6701 inside the U.S., or 320.365.3844 for international callers,
      using passcode 371396 or by referencing Radian.
    </p>
    <p>
      In addition to the information provided in the company&#8217;s earnings news
      release, other statistical and financial information, which is expected
      to be referred to during the conference call, will be available on
      Radian's website under Investors &gt;Quarterly Results, or by clicking on <u>http://www.radian.biz/page?name=QuarterlyResults</u>.
    </p>
    <p>
      <b>NON-GAAP FINANCIAL MEASURES</b>
    </p>
    <p>
      Radian believes that adjusted pretax operating income and adjusted
      diluted net operating income per share (non-GAAP measures) facilitate
      evaluation of the company&#8217;s fundamental financial performance and
      provide relevant and meaningful information to investors about the
      ongoing operating results of the company. On a consolidated basis, these
      measures are not recognized in accordance with accounting principles
      generally accepted in the United States of America (GAAP) and should not
      be viewed as alternatives to GAAP measures of performance. The measures
      described below have been established in order to increase transparency
      for the purpose of evaluating the company&#8217;s core operating trends and
      enabling more meaningful comparisons with Radian&#8217;s competitors.
    </p>
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        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Adjusted pretax operating income is defined as earnings excluding the
      impact of certain items that are not viewed as part of the operating
      performance of the company&#8217;s primary activities, or not expected to
      result in an economic impact equal to the amount reflected in pretax
      income (loss) from continuing operations. Adjusted diluted net operating
      income per share represents a diluted net income per share calculation
      using as its basis adjusted pretax operating income, net of taxes at the
      company&#8217;s statutory tax rate for the period.
    </p>
    <p>
      In addition to the above non-GAAP measures for the consolidated company,
      we also have presented as supplemental information a non-GAAP measure
      for our Services segment, representing earnings before interest, income
      taxes, depreciation and amortization (EBITDA). We calculate Services
      EBITDA by using adjusted pretax operating income as described above,
      further adjusted to remove the impact of depreciation and corporate
      allocations for interest and operating expenses. We have presented
      Services EBITDA to facilitate comparisons with other services companies,
      since it is a widely accepted measure of performance in the services
      industry.
    </p>
    <p>
      See press release Exhibit F or Radian&#8217;s website for a description of
      these items, as well as Exhibit G for reconciliations to the most
      comparable consolidated GAAP measures.
    </p>
    <p>
      <b>ABOUT RADIAN</b>
    </p>
    <p>
      Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides
      private mortgage insurance, risk management products and real estate
      services to financial institutions. Radian offers products and services
      through two business segments:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Mortgage Insurance</b>, through its principal mortgage insurance
        subsidiary Radian Guaranty Inc. This private mortgage insurance
        protects lenders from default-related losses, facilitates the sale of
        low-downpayment mortgages in the secondary market and enables
        homebuyers to purchase homes more quickly with downpayments less than
        20%.
      </li>
    </ul>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Mortgage and Real Estate Services</b>, through its principal
        services subsidiary Clayton, as well as Green River Capital, Red Bell
        Real Estate and ValuAmerica. These solutions include information and
        services that financial institutions, investors and government
        entities use to evaluate, acquire, securitize, service and monitor
        loans and asset-backed securities.
      </li>
    </ul>
    <p>
      Additional information may be found at <u>www.radian.biz</u>.
    </p>
    <p>
      <b>FINANCIAL RESULTS AND SUPPLEMENTAL INFORMATION CONTENTS (Unaudited)</b>
    </p>
    <p>
      For trend information on all schedules, refer to Radian&#8217;s quarterly
      financial statistics at <u>http://www.radian.biz/page?name=FinancialReportsCorporate</u>.
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit A:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Condensed Consolidated Statements of Operations Trend Schedule
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit B:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net Income Per Share Trend Schedule
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit C:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Condensed Consolidated Balance Sheets
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit D:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Discontinued Operations
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit E:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Segment Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit F:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Definition of Consolidated Non-GAAP Financial Measure
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit G:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Consolidated Non-GAAP Financial Measure Reconciliations
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit H:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          New Insurance Written
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit I:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Primary Insurance in Force and Risk in Force by Product, Statutory
          Capital Ratios
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit J:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Percentage of Primary Risk in Force by FICO, LTV and Policy Year
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit K:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Claims and Reserves
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit L:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Default Statistics
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Exhibit M:
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Mortgage Insurance Supplemental Information
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Captives, QSR and Persistency
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Condensed Consolidated Statements of Operations Trend Schedule</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit A</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands, except per share amounts)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Revenues:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net premiums earned - insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>227,433</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          237,437
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          224,595
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          224,293
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          217,827
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services revenue</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>42,189</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          43,503
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          30,630
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          34,450
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          42,243
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net investment income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>22,091</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19,285
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,328
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,531
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,143
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3,868</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28,448
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,779
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,983
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (6,294
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Other income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1,711</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,743
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,331
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,793
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,162
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total revenues</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>297,292</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          330,416
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          290,663
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          295,050
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          272,081
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Expenses:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Provision for losses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>64,192</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          32,560
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          45,028
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          82,867
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          48,942
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Policy acquisition costs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2,880</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,963
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,750
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,443
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4,240
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Direct cost of services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>24,949</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          23,520
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19,253
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19,709
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          23,896
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other operating expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>65,082</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          67,731
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          53,774
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          85,800
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          51,225
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Interest expense</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>21,220</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          24,501
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          24,385
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          24,200
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          23,989
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>11</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          91,876
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>3,273</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,281
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,023
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          5,354
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,294
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>181,607</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          250,432
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          153,213
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          224,373
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          155,586
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Pretax income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>115,685</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          79,984
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          137,450
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          70,677
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          116,495
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Income tax provision (benefit)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>45,594</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          34,791
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          45,723
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (807,349
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (15,536
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>70,091</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          45,193
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          91,727
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          878,026
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          132,031
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Income (loss) from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,855
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          530
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (449,691
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          21,559
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Net income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>70,091</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          50,048
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          92,257
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          428,335
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          153,590
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Diluted net income per share:</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>0.29</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.39
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3.63
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.58
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Income (loss) from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          0.02
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (1.85
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          0.09
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Net income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>0.29</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.22
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.39
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          1.78
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.67
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Selected Mortgage Insurance Key Ratios</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Loss ratio (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>28.2</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          20.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          36.9
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          22.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Expense ratio - NPE basis (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>23.9</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          25.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          23.0
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          36.9
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          21.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Expense ratio - NPW basis (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>22.5</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          24.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          21.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          33.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          18.9
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          %
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Calculated on a GAAP basis using net premiums earned (&#8220;NPE&#8221;).</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Calculated on a GAAP basis using net premiums written (&#8220;NPW&#8221;).</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <b>On April 1, 2015, Radian Guaranty completed the previously disclosed
      sale of 100% of the issued and outstanding shares of Radian Asset
      Assurance to Assured, pursuant to the Radian Asset Assurance Stock
      Purchase Agreement dated as of December 22, 2014. As a result, the
      operating results of Radian Asset Assurance are classified as
      discontinued operations for all periods presented in our condensed
      consolidated statements of operations. See Exhibit D for additional
      information on discontinued operations.</b>
    </p>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Net Income Per Share Trend Schedule</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>Exhibit B</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="20">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="20" valign="top">
          <b>The calculation of basic and diluted net income per share was as
          follows:</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="6">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands, except per share amounts)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations&#8212;basic</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>70,091</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          45,193
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          91,727
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          878,026
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          132,031
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Adjustment for dilutive Convertible Senior Notes due 2019, net of
          tax (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>3,714</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,707
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,673
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,641
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          5,552
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 20.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations&#8212;diluted</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>73,805</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          48,900
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          95,400
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          881,667
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          137,583
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net income:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations&#8212;basic</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>70,091</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          45,193
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          91,727
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          878,026
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          132,031
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Income (loss) from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,855
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          530
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (449,691
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          21,559
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net income&#8212;basic</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>70,091</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          50,048
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          92,257
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          428,335
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          153,590
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Adjustment for dilutive Convertible Senior Notes due 2019, net of
          tax (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>3,714</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,707
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,673
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,641
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          5,552
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 20.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Net income&#8212;diluted</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>73,805</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          53,755
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          95,930
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          431,976
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          159,142
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average common shares outstanding&#8212;basic</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>207,938</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          193,112
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          191,224
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          191,053
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          191,050
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Dilutive effect of Convertible Senior Notes due 2017</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,798</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,438
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10,886
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10,590
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,342
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Dilutive effect of Convertible Senior Notes due 2019</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>37,736</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          37,736
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          37,736
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          37,736
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          37,736
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Dilutive effect of stock-based compensation arrangements (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>3,323</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,364
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,202
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,422
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,939
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Adjusted average common shares outstanding&#8212;diluted</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          <b>250,795</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          246,650
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          243,048
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          242,801
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          238,067
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Net income per share:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Basic:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>0.34</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.48
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4.60
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.69
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Income (loss) from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          0.03
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (2.36
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          0.11
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Net income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>0.34</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.26
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.48
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          2.24
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.80
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Diluted:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>0.29</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.39
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3.63
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.58
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Income (loss) from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          0.02
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (1.85
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          0.09
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Net income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>0.29</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.22
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.39
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          1.78
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.67
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>As applicable, includes coupon interest, amortization of
            discount and fees, and other changes in income or loss that would
            result from the assumed conversion.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>The following number of shares of our common stock equivalents
            issued under our stock-based compensation arrangements were not
            included in the calculation of diluted net income per share
            because they were anti-dilutive:</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="22">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="22" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Shares of common stock equivalents</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>469</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          264
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          540
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          542
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          557
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit C</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          June 30,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          March 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          September 30,
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands, except per share data)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2014
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Assets:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Investments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>4,376,771</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4,309,148
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,621,646
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,629,299
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,529,310
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Cash</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>69,030</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          51,381
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          57,204
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          30,465
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          30,491
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Restricted cash</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>10,280</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,633
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          14,220
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          14,031
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,509
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Accounts and notes receivable</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>65,951</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          72,093
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          64,405
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          85,792
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          69,029
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Deferred income taxes, net</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>601,893</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          651,238
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          649,996
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          700,201
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Goodwill and other intangible assets, net</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>287,334</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          290,640
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          293,798
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          288,240
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          293,632
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>349,657</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          349,371
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          340,276
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          357,864
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          364,665
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Assets held for sale</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,755,873
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,736,444
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,637,233
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>5,760,916</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          5,736,504
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          6,797,418
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          6,842,336
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          5,940,869
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Liabilities and stockholders&#8217; equity:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Unearned premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>676,938</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          665,947
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          657,555
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          644,504
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          625,269
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Reserve for losses and loss adjustment expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,098,570</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,204,792
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,384,714
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,560,032
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,591,150
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Long-term debt</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,230,246</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,224,892
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,202,535
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,192,299
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,182,247
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Other liabilities</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>311,855</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          278,929
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          310,642
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          326,743
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          314,395
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Liabilities held for sale</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          966,078
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          947,008
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          493,407
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total liabilities</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>3,317,609</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,374,560
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,521,524
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,670,586
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,206,468
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Equity component of currently redeemable convertible senior notes</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>7,737</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8,546
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          68,982
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          74,690
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Common stock</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>224</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          226
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          209
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          209
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          209
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Additional paid-in capital</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,825,034</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,816,545
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,648,436
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,638,552
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,706,222
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Retained earnings (deficit)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>617,731</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          548,161
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          498,593
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          406,814
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (21,044
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Accumulated other comprehensive (loss) income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>(7,419</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (11,534
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          59,674
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          51,485
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          49,014
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total common stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>2,435,570</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,353,398
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,206,912
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,097,060
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,734,401
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total liabilities and stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>5,760,916</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          5,736,504
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          6,797,418
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          6,842,336
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          5,940,869
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Shares outstanding</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>206,870</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          208,587
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          191,416
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          191,054
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          191,050
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Book value per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>11.77</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          11.28
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          11.53
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          10.98
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          9.08
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Discontinued Operations</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit D</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            The income from discontinued operations, net of tax consisted of
            the following components for the periods indicated:
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2015
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,007
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net investment income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          9,153
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net gains on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,818
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          13,668
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Change in fair value of derivative instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,625
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total revenues</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          7,818
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          26,453
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Provision for losses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          502
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Policy acquisition costs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (191
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Other operating expense</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,107
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,418
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Equity in net loss of affiliates</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (13
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Income from operations of businesses held for sale</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,818
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          22,022
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Loss on sale</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (350
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (13,930
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Income tax provision</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,613
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          7,562
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Income from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          4,855
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          530
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Segment Information</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit E (page 1 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Summarized financial information concerning our operating segments
          as of and for the periods indicated, is as follows. For a definition
          of adjusted pretax operating income and EBITDA, along with
          reconciliations to consolidated GAAP measures, see Exhibits F and G.
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="19">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="19" valign="bottom">
          <b>Mortgage Insurance</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net premiums written - insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>242,168</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          251,082
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          241,908
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          244,506
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          245,775
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Increase in unearned premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>(14,735</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (13,645
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (17,313
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (20,213
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (27,948
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net premiums earned - insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>227,433</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          237,437
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          224,595
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          224,293
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          217,827
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net investment income (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>22,091</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19,285
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,328
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,531
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,143
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Other income (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1,711</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,743
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,331
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,668
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,037
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>251,235</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          258,465
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          243,254
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          242,492
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          236,007
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Provision for losses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>64,128</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          31,637
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          45,851
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          83,649
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          48,942
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Change in expected economic loss or recovery for consolidated VIEs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (16
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (190
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Policy acquisition costs</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2,880</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,963
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,750
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,443
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4,240
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Other operating expenses before corporate allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>36,632</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          41,853
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          34,050
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          62,591
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          33,679
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>103,640</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          80,453
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          87,651
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          152,667
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          86,671
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income before corporate allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>147,595</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          178,012
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          155,603
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          89,825
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          149,336
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate operating expenses (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>14,893</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          12,516
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          9,758
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          13,729
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8,520
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Allocation of interest expense (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>16,797</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          20,070
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          19,953
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          19,760
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          19,565
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>115,905</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          145,426
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          125,892
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          56,336
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          121,251
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="19">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="19" valign="bottom">
          <b>Services</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services revenue</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>43,114</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          44,595
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          31,532
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          34,466
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          42,243
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Other income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          891
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          125
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>43,114</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          44,595
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          31,532
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          35,357
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          42,368
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Direct cost of services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>25,870</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          25,501
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19,253
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19,709
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          23,896
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Other operating expenses before corporate allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>11,533</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          11,522
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          8,857
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          8,360
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          9,054
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>37,403</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          37,023
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          28,110
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          28,069
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          32,950
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income before corporate allocations (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>5,711</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,572
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3,422
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,288
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          9,418
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate operating expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,567</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,307
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          981
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          740
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          404
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Allocation of interest expense</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>4,423</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,431
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,432
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,440
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,424
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating (loss) income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>(279</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          1,834
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          (1,991
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          2,108
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          4,590
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>For periods prior to the quarter ended June 30, 2015, includes
            certain corporate income and expenses that have been reallocated
            from our prior financial guaranty segment to the Mortgage
            Insurance segment and that were not reclassified to discontinued
            operations.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Inter-segment information:</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Inter-segment expense included in Mortgage Insurance segment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>925</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,092
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          902
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          782
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Inter-segment revenue included in Services segment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>925</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,092
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          902
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          782
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Segment Information</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit E (page 2 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(3) Supplemental information for Services EBITDA (see
            definition in Exhibit F):</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income before corporate allocations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>5,711</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          7,572
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,422
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          7,288
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          9,418
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 5.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Depreciation and amortization</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>555</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          482
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          449
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          442
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          383
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Services EBITDA</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>6,266</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          8,054
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          3,871
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          7,730
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          9,801
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="22">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="22" valign="bottom">
          <b>At September 30, 2015</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Mortgage</b><br><b>Insurance</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Services</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          <b>Total</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>5,408,200</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>352,716</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>5,760,916</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="22" valign="bottom">
          At December 31, 2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Mortgage<br>Insurance
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Services
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          Total
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Assets held for sale (1)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,736,444
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4,769,014
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          336,878
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,842,336
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Assets held for sale are not part of the Mortgage Insurance or
            Services segments.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Definition of Consolidated Non-GAAP Financial Measure</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit F (page 1 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <i>Use of Non-GAAP Financial Measure</i>
    </p>
    <p>
      In addition to the traditional GAAP financial measures, we have
      presented non-GAAP financial measures for the consolidated company,
      &#8220;adjusted pretax operating income (loss)&#8221; and &#8220;adjusted diluted net
      operating income (loss) per share,&#8221; among our key performance indicators
      to evaluate our fundamental financial performance. These non-GAAP
      financial measures align with the way the Company&#8217;s business performance
      is evaluated by both management and the board of directors. These
      measures have been established in order to increase transparency for the
      purposes of evaluating our core operating trends and enabling more
      meaningful comparisons with our peers. Although on a consolidated basis
      &#8220;adjusted pretax operating income (loss)&#8221; and &#8220;adjusted diluted net
      operating income (loss) per share&#8221; are non-GAAP financial measures, we
      believe these measures aid in understanding the underlying performance
      of our operations. Our senior management, including our Chief Executive
      Officer (the Company&#8217;s chief operating decision maker), uses adjusted
      pretax operating income (loss) as our primary measure to evaluate the
      fundamental financial performance of the Company&#8217;s business segments and
      to allocate resources to the segments.
    </p>
    <p>
      Adjusted pretax operating income (loss) is defined as GAAP pretax income
      (loss) from continuing operations excluding the effects of net gains
      (losses) on investments and other financial instruments, loss on induced
      conversion and debt extinguishment, acquisition-related expenses,
      amortization and impairment of intangible assets and net impairment
      losses recognized in earnings. Adjusted diluted net operating income
      (loss) per share is calculated by dividing (i) adjusted pretax operating
      income (loss) attributable to common shareholders, net of taxes computed
      using the company&#8217;s statutory tax rate, by (ii) the sum of the weighted
      average number of common shares outstanding and all dilutive potential
      common shares outstanding. Interest expense on convertible debt, share
      dilution from convertible debt and the impact of stock-based
      compensation arrangements have been reflected in the per share
      calculations consistent with the accounting standard regarding earnings
      per share, whenever the impact is dilutive.
    </p>
    <p>
      Although adjusted pretax operating income (loss) excludes certain items
      that have occurred in the past and are expected to occur in the future,
      the excluded items represent those that are: (1) not viewed as part of
      the operating performance of our primary activities; or (2) not expected
      to result in an economic impact equal to the amount reflected in pretax
      income (loss) from continuing operations. These adjustments, along with
      the reasons for their treatment, are described below.
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          (1)
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>Net gains (losses) on investments and other financial
            instruments.</i> The recognition of realized investment gains or
            losses can vary significantly across periods as the activity is
            highly discretionary based on the timing of individual securities
            sales due to such factors as market opportunities, our tax and
            capital profile and overall market cycles. Unrealized investment
            gains and losses arise primarily from changes in the market value
            of our investments that are classified as trading. These valuation
            adjustments may not necessarily result in economic gains or losses.
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Trends in the profitability of our fundamental operating activities
          can be more clearly identified without the fluctuations of these
          realized and unrealized gains or losses. We do not view them to be
          indicative of our fundamental operating activities. Therefore, these
          items are excluded from our calculation of adjusted pretax operating
          income (loss). However, we include the change in expected economic
          loss or recovery associated with our consolidated VIEs, if any, in
          the calculation of adjusted pretax operating income (loss).
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          (2)
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>Loss on induced conversion and debt extinguishment.</i> Gains
            or losses on early extinguishment of debt or losses incurred to
            induce conversion of convertible debt prior to maturity are
            discretionary activities that are undertaken in order to take
            advantage of market opportunities to strengthen our financial
            position; therefore, these activities are not viewed as part of
            our operating performance. Such transactions do not reflect
            expected future operations and do not provide meaningful insight
            regarding our current or past operating trends. Therefore, these
            items are excluded from our calculation of adjusted pretax
            operating income (loss).
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          (3)
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>Acquisition-related expenses.</i> Acquisition-related expenses
            represent the costs incurred to effect an acquisition of a
            business (i.e., a business combination). Because we pursue
            acquisitions on a strategic and selective basis and not in the
            ordinary course of our business, we do not view
            acquisition-related expenses as a consequence of a primary
            business activity. Therefore, we do not consider these expenses to
            be part of our operating performance and they are excluded from
            our calculation of adjusted pretax operating income (loss).
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Definition of Consolidated Non-GAAP Financial Measure</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit F (page 2 of 2)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          (4)
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>Amortization and impairment of intangible assets.</i>
            Amortization of intangible assets represents the periodic expense
            required to amortize the cost of intangible assets over their
            estimated useful lives. Intangible assets with an indefinite
            useful life are also periodically reviewed for potential
            impairment, and impairment adjustments are made whenever
            appropriate. These charges are not viewed as part of the operating
            performance of our primary activities and therefore are excluded
            from our calculation of adjusted pretax operating income (loss).
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          (5)
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>Net impairment losses recognized in earnings.</i> The
            recognition of net impairment losses on investments can vary
            significantly in both size and timing, depending on market credit
            cycles. We do not view these impairment losses to be indicative of
            our fundamental operating activities. Therefore, whenever these
            losses occur, we exclude them from our calculation of adjusted
            pretax operating income (loss).
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      In addition to the above non-GAAP measures for the consolidated company,
      we also have presented as supplemental information a non-GAAP measure
      for our Services segment, representing earnings before interest, income
      taxes, depreciation and amortization (&#8220;EBITDA&#8221;). We calculate Services
      EBITDA by using adjusted pretax operating income as described above,
      further adjusted to remove the impact of depreciation and corporate
      allocations for interest and operating expenses. We have presented
      Services EBITDA to facilitate comparisons with other services companies,
      since it is a widely accepted measure of performance in the services
      industry.
    </p>
    <p>
      See Exhibit G for the reconciliation of our non-GAAP financial measures
      for the consolidated company, adjusted pretax operating income and
      adjusted diluted net operating income per share, to the most comparable
      GAAP measures, pretax income from continuing operations and net income
      per share from continuing operations, respectively. Exhibit G also
      contains the reconciliation of Services EBITDA to the most comparable
      GAAP measure, pretax income from continuing operations.
    </p>
    <p>
      Total adjusted pretax operating income (loss), adjusted diluted net
      operating income (loss) per share and Services EBITDA are not measures
      of total profitability, and therefore should not be viewed as
      substitutes for GAAP pretax income (loss) from continuing operations or
      net income (loss) per share from continuing operations. Our definitions
      of adjusted pretax operating income (loss), adjusted diluted net
      operating income (loss) per share or EBITDA may not be comparable to
      similarly-named measures reported by other companies.
    </p>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Consolidated Non-GAAP Financial Measure Reconciliations</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit G (page 1 of 2)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="21" valign="top">
          <b>Reconciliation of Adjusted Pretax Operating Income (Loss) to
          Consolidated Pretax Income from Continuing Operations</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted pretax operating income (loss):</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Mortgage Insurance (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>115,905</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          145,426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          125,892
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          56,336
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          121,251
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Services (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>(279</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,834
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (1,991
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,108
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,590
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total adjusted pretax operating income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>115,626</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          147,260
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          123,901
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          58,444
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          125,841
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments
          (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3,868</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28,448
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,779
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,967
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (6,484
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(11</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (91,876
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Acquisition-related expenses (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(525</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (567
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (207
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (380
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          432
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of intangible assets (4)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>(3,273</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (3,281
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (3,023
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (5,354
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (3,294
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Consolidated pretax income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>115,685</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          79,984
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          137,450
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          70,677
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          116,495
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>For periods prior to the quarter ended June 30, 2015, includes
            certain corporate income and expenses that have been reallocated
            from our prior financial guaranty segment to the Mortgage
            Insurance segment and that were not reclassified to discontinued
            operations.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Effective with the fourth quarter of 2014, the Services segment
            undertook the management responsibilities of certain additional
            loan servicer surveillance functions previously considered part of
            the Mortgage Insurance segment. As a result, these activities are
            now reported in the Services segment for all periods presented.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>This line item includes a de minimis amount of expected
            economic loss or recovery associated with our previously
            consolidated VIEs that is included in adjusted pretax operating
            income above.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(4)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Please see Exhibit F for the definition of this line item.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="21" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Reconciliation of Adjusted Diluted Net Operating Income Per
            Share <sup>(1)</sup> to Net Income Per Share from Continuing
            Operations</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Adjusted diluted net operating income per share</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>0.31</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.40
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.35
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.17
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.37
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>After tax per share impact:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>0.01</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.07
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.04
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.05
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.02
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.28
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(0.01</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Difference between statutory and effective tax rate</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(0.02</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.02
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.42
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.24
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Net income per share from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>0.29</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.20
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.39
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          3.63
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          0.58
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Calculated using the company&#8217;s statutory tax rate.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Consolidated Non-GAAP Financial Measure Reconciliations</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit G (page 2 of 2)</b>
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="21" valign="top">
          <b>Reconciliation of Services Segment EBITDA to Consolidated Pretax
          Income from Continuing Operations</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>(In thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services EBITDA</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>6,266</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          8,054
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,871
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          7,730
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          9,801
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate operating expenses to Services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(1,567</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,307
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (981
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (740
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (404
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Allocation of corporate interest expenses to Services</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(4,423</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,431
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,432
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,440
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (4,424
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Services depreciation and amortization</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>(555</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (482
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (449
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (442
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (383
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Services adjusted pretax operating (loss) income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(279</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,834
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1,991
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,108
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4,590
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Mortgage Insurance adjusted pretax operating income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>115,905</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          145,426
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          125,892
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          56,336
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          121,251
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total adjusted pretax operating income</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>115,626</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          147,260
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          123,901
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          58,444
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          125,841
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Net gains (losses) on investments and other financial instruments</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3,868</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28,448
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16,779
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17,967
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (6,484
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Loss on induced conversion and debt extinguishment</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(11</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (91,876
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Acquisition-related expenses</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>(525</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (567
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (207
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (380
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          432
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Amortization and impairment of intangible assets</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>(3,273</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (3,281
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (3,023
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (5,354
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (3,294
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Consolidated pretax income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>115,685</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          79,984
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          137,450
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          70,677
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          116,495
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      On a consolidated basis, &#8220;adjusted pretax operating income&#8221; and
      &#8220;adjusted diluted net operating income per share&#8221; are measures not
      determined in accordance with GAAP. &#8220;Services EBITDA&#8221; is also a non-GAAP
      measure. These measures are not representative of total profitability,
      and therefore should not be viewed as substitutes for GAAP pretax income
      from continuing operations or net income per share from continuing
      operations. Our definitions of adjusted pretax operating income,
      adjusted diluted net operating income per share or EBITDA may not be
      comparable to similarly-named measures reported by other companies. See
      Exhibit F for additional information on our consolidated non-GAAP
      financial measures.
    </p>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Mortgage Insurance Supplemental Information - New Insurance
          Written</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit H</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>($ in millions)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total primary new insurance written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>11,176</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          11,751
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          9,385
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          10,009
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          11,210
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Percentage of primary new insurance written by FICO score</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>&gt;=740</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>61.0</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          63.0
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          63.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          60.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          61.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>680-739</b>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>31.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          30.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          30.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          32.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          31.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>620-679</b>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>7.1</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          6.2
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          6.1
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          7.2
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" valign="bottom">
          7.2
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Percentage of primary new insurance written</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Monthly premiums</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>73</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          68
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          63
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          69
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          72
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Single premiums</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>27</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          32
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          37
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          31
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          28
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Refinances</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>13</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          23
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          33
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          22
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          16
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>LTV</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>95.01% and above</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>3.5</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          0.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>90.01% to 95.00%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>51.5</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          49.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          48.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          51.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          53.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>85.01% to 90.00%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>34.1</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          34.0
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          33.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          33.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          33.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>85.00% and below</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>10.9</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          13.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          16.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          14.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          12.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="top">
          <b>Mortgage Insurance Supplemental Information - Primary Insurance
          in Force and Risk in Force by Product, Statutory Capital Ratios</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="top">
          <b>Exhibit I</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          June 30,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          March 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          September 30,
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>($ in millions)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2014
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Primary insurance in force (1)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Flow</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>166,527</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          164,137
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          162,832
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          162,302
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          159,770
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Structured</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>8,339</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          8,555
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          9,309
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          9,508
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          9,452
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>174,866</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          172,692
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          172,141
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          171,810
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          169,222
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>164,060</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          161,397
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          160,452
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          159,647
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          156,581
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>6,531</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          6,857
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,122
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,412
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7,709
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>4,275</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,438
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,567
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,751
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          4,932
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>174,866</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          172,692
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          172,141
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          171,810
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          169,222
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Primary risk in force (1) (2)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Flow</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>42,454</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          41,706
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          41,256
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          41,071
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          40,337
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Structured</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1,910</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,957
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,133
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,168
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2,150
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>44,364</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          43,663
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          43,389
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          43,239
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          42,487
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Flow</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>40,629</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          39,781
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          39,251
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          38,977
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          38,156
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,124</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,191
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,243
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,295
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,350
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>701</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          734
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          762
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          799
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          831
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Flow</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>42,454</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          41,706
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          41,256
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          41,071
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          40,337
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Structured</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,155</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,182
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,341
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,349
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,302
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>386</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          397
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          410
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          425
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          441
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>369</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          378
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          382
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          394
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          407
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Structured</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>1,910</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          1,957
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          2,133
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          2,168
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          2,150
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>41,784</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          40,963
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          40,592
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          40,326
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          39,458
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,510</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,588
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,653
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,720
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,791
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1,070</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,112
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,144
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,193
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,238
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>44,364</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          43,663
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          43,389
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          43,239
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          42,487
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Statutory Capital Ratios</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Risk to capital ratio-Radian Guaranty only</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>16.5:1</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(3)</sup>
          </p>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16.5:1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17.1:1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          17.9:1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          18.4:1
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Risk to capital ratio-Mortgage Insurance combined</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>17.9:1</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(3)</sup>
          </p>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          18.0:1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19.1:1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          20.3:1
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          21.2:1
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Includes amounts ceded under our reinsurance agreements, as
            well as amounts related to the Freddie Mac Agreement.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Does not include pool risk in force or other risk in force,
            which combined represent less than 3.0% of our total risk in force
            for all periods presented.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Preliminary.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Mortgage Insurance Supplemental Information - Percentage of
          Primary Risk in Force by FICO, LTV and Policy Year</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <b>Exhibit J</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          June 30,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          March 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          September 30,
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>($ in millions)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2014
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Percentage of primary risk in force by FICO score</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Flow</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>&gt;=740</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>58.2</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.1
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.1
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.1
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.0
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>680-739</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>30.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          30.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          30.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          29.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          29.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>620-679</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>10.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.0
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>&lt;=619</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1.2</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1.2
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1.3
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1.4
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1.5
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Flow</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Structured</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>&gt;=740</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>28.9</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          31.1
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          30.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>680-739</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>27.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          27.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>620-679</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>25.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          25.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          24.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          24.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          25.4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>&lt;=619</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>18.0</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          18.0
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          16.7
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          16.9
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          17.6
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Structured</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>&gt;=740</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>57.0</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          56.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          56.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          56.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          56.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>680-739</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>30.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          30.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          29.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          29.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          29.4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>620-679</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>10.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>&lt;=619</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1.9</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2.0
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2.1
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2.1
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          2.3
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total Primary</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Percentage of primary risk in force by LTV</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>95.01% and above</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>7.4</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.9
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>90.01% to 95.00%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>49.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          49.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          48.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          47.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          46.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>85.01% to 90.00%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>34.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          34.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          35.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          35.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          35.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>85.00% and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>8.5</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          8.8
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          8.9
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          8.9
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          9.1
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Percentage of primary risk in force by policy year</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2005 and prior</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>6.8</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2006</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.9
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2007</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>9.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          9.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          11.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2008</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>6.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2009</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2010</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2011</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          4.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2012</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>12.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          13.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          14.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          15.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2013</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>19.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          20.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          22.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          23.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          25.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2014</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>18.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          20.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          21.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          16.0
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2015</b>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>18.0</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          11.9
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          5.3
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          <b>100.0</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          100.0
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Primary risk in force on defaulted loans (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,666</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,753
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,883
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2,089
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2,168
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1) Excludes risk related to loans subject to the Freddie Mac
            Agreement.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="24">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="24" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian Group Inc. and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="24" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Mortgage Insurance Supplemental Information - Claims and
            Reserves</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="24" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit K</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="14">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="14" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>($ in thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="4" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="4" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="4" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Net claims paid</b>
        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>65,396</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          83,489
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          76,186
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          74,342
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          104,440
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>18,966</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          23,260
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          19,999
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          21,909
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          26,882
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          <b>14,028</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          14,965
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="2">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          15,141
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="2">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          12,600
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          19,658
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total primary claims paid</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>98,390</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          121,714
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          111,326
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          108,851
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          150,980
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Pool</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>8,721</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          10,798
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8,874
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          8,086
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          8,880
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Second-lien and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          <b>(16</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (53
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" colspan="2" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          (111
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left" colspan="2" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          283
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          490
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Subtotal</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>107,095</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          132,459
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          120,089
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          117,220
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          160,350
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Impact of captive terminations</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (12,000
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" colspan="2" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          &#8212;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Impact of settlements</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          <b>61,994</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          79,557
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="2">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          99,006
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="2">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          13,500
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          <b>169,089</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          212,016
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double" colspan="2">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          207,095
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double" colspan="2">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          117,220
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          173,850
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average claim paid (1)</b>
        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>46.2</b>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          48.1
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          44.0
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          48.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          49.2
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>60.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          59.5
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          54.6
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          58.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          56.7
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>42.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          40.1
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          35.9
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          39.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          40.3
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total primary average claims paid</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>47.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          48.7
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          44.2
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          49.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          49.0
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Pool</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>51.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          69.7
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          51.5
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          46.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          48.0
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Second-lien and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          <b>(1.6</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (3.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" colspan="2" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (12.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" colspan="2" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          7.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          18.9
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>47.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          49.6
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          44.5
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          48.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          48.7
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average primary claim paid (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>48.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          49.6
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          45.3
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          50.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          50.0
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Average total claim paid (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>48.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          50.4
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          45.5
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          49.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          49.6
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="5">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>($ in thousands, except primary reserve per</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="3" valign="bottom">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="5" valign="bottom">
          June 30,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="4" valign="bottom">
          March 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="4" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          September 30,
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>primary default amounts)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="5" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="4" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="4" valign="bottom">
          2014
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="5">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Reserve for losses by category</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="5">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Prime</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>519,572</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          562,918
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          640,919
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          700,174
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          721,811
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Alt-A</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>234,772</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="4" valign="bottom">
          256,854
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          278,350
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          292,293
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          308,283
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>A minus and below</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>137,441</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="4" valign="bottom">
          148,043
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          163,390
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          179,103
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          182,885
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>IBNR and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>107,179</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="4" valign="bottom">
          125,038
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          167,204
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          223,114
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          212,908
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>LAE</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>41,464</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="4" valign="bottom">
          48,141
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          53,210
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          56,164
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          52,690
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Reinsurance recoverable (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>11,071</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="4" valign="bottom">
          11,677
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          13,365
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          26,665
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          21,201
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total primary reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1,051,499</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="4" valign="bottom">
          1,152,671
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          1,316,438
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          1,477,513
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,499,778
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Pool insurance</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>43,234</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="4" valign="bottom">
          47,902
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          62,943
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          75,785
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          80,664
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>IBNR and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>949</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="4" valign="bottom">
          891
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          1,227
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          1,775
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2,468
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>LAE</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>1,983</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="4" valign="bottom">
          2,353
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          3,051
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          3,542
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          3,434
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Total pool reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>46,166</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="4" valign="bottom">
          51,146
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          67,221
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          81,102
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          86,566
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Total 1st lien reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1,097,665</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="4" valign="bottom">
          1,203,817
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          1,383,659
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          1,558,615
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1,586,344
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <b>Second-lien and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          <b>905</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="4" valign="bottom">
          975
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          1,055
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="3" valign="bottom">
          1,417
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right" colspan="2" valign="bottom">
          1,787
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="bottom">
          <b>Total reserves</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          <b>1,098,570</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="3" valign="bottom">
          1,204,792
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          1,384,714
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" colspan="2" valign="bottom">
          1,560,032
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right" valign="bottom">
          1,588,131
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="5">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>1st lien reserve per default</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="5">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <b>Primary reserve per primary default excluding IBNR and other</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>26,237</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="3" valign="bottom">
          27,279
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          28,423
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          27,683
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          27,477
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Net of reinsurance recoveries and without giving effect to the
            impact of captive terminations and settlements.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Before reinsurance recoveries and without giving effect to the
            impact of captive terminations and settlements.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Primarily represents ceded losses on captive transactions and
            quota share reinsurance transactions.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="bottom">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="bottom">
          <b>Mortgage Insurance Supplemental Information - Default Statistics</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="16" valign="bottom">
          <b>Exhibit L</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            June 30,
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          March 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" colspan="2" valign="bottom">
          September 30,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2014
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="2" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Default Statistics</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Primary Insurance:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Prime</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of insured loans</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>812,657</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          802,719
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          801,332
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          797,436
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          783,414
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>22,328</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          23,237
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          25,114
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          28,246
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          28,963
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Percentage of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>2.75</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2.89
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3.13
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3.54
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3.70
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Alt-A</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of insured loans</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>34,166</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          35,927
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          37,468
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          38,953
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          40,319
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>6,318</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,949
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          7,480
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          8,136
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          8,629
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Percentage of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>18.49</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          19.34
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          19.96
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          20.89
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          21.40
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>A minus and below</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of insured loans</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>33,018</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          34,224
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          35,425
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          36,688
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          37,843
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>7,229</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          7,490
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          7,846
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          8,937
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          9,251
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Percentage of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>21.89</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          21.89
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          22.15
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          24.36
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          24.45
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Total Primary</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of insured loans</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>879,841</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          872,870
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          874,225
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          873,077
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          861,576
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Number of loans in default (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>35,875</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          37,676
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          40,440
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          45,319
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          46,843
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="bottom">
          <b>Percentage of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>4.08</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4.32
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4.63
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          5.19
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          5.44
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Excludes the following number of loans subject to the Freddie
            Mac Agreement that are in default as we no longer have claims
            exposure on these loans:</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            June 30,
          </p>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          March 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          December 31,
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          September 30,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" valign="bottom">
          2015
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" valign="bottom">
          2014
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Number of loans in default</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>2,993</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,246
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,715
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4,467
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4,824
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="bottom">
          <b>Radian Group Inc. and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="bottom">
          <b>Mortgage Insurance Supplemental Information - Captives, QSR and
          Persistency</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" colspan="21" valign="bottom">
          <b>Exhibit M</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="11" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="7" valign="bottom">
          2014
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>($ in thousands)</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          <b>Qtr 3</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 2
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 1
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 4
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center" colspan="3" valign="bottom">
          Qtr 3
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>1st Lien Captives</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Premiums ceded to captives</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>2,434</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2,700
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2,585
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,078
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,096
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of total premiums</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1.0</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.1
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.1
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Insurance in force included in captives (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2.2</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.0
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Risk in force included in captives (1)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2.1</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.9
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Initial Quota Share Reinsurance (&#8220;QSR&#8221;) Transaction</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>3,437</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,822
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4,067
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          (4,801
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4,668
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>1.4</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1.9
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>5,067</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,425
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,018
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          (2,869
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,578
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2.1</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          (1.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Ceding commissions</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>745</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          828
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          880
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,108
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,166
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Risk in force included in QSR (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>889,298</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          954,673
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,041,383
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,105,545
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,170,496
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Second QSR Transaction</b></u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>5,030</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          394
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,529
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          9,303
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          9,082
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums written</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>2.0</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          0.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          2.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>QSR ceded premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>7,134</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,040
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          8,768
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          8,339
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          7,699
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>% of premiums earned</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>3.0</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          1.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          3.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Ceding commissions</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,998</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2,154
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2,285
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,256
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,179
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Risk in force included in QSR (2)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,364,615</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,440,312
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,533,677
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,615,554
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,546,311
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Persistency (twelve months ended) (3)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>79.2</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          80.1
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          82.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          84.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          84.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          <b>Persistency (quarterly, annualized)</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          <b>80.5</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          76.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          80.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          83.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          84.0
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(1)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Radian reinsures the middle layer risk positions, while
            retaining a significant portion of the total risk comprising the
            first loss and most remote risk positions.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(2)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Included in primary risk in force.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(3)</b>
          </p>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Effective March 31, 2015, we refined our persistency
            calculation to incorporate loan level detail rather than
            aggregated portfolio data. Prior periods have been recalculated
            and reflect the current calculation methodology.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>FORWARD-LOOKING STATEMENTS</b>
    </p>
    <p>
      All statements in this report that address events, developments or
      results that we expect or anticipate may occur in the future are
      &quot;forward-looking statements&quot; within the meaning of Section 27A of the
      Securities Act of 1933, Section 21E of the Exchange Act and the U.S.
      Private Securities Litigation Reform Act of 1995. In most cases,
      forward-looking statements may be identified by words such as
      &quot;anticipate,&quot; &quot;may,&quot; &quot;will,&quot; &quot;could,&quot; &quot;should,&quot; &quot;would,&quot; &quot;expect,&quot;
      &quot;intend,&quot; &quot;plan,&quot; &quot;goal,&quot; &quot;contemplate,&quot; &quot;believe,&quot; &quot;estimate,&quot;
      &quot;predict,&quot; &quot;project,&quot; &quot;potential,&quot; &quot;continue,&quot; &quot;seek,&quot; &quot;strategy,&quot;
      &quot;future,&quot; &quot;likely&quot; or the negative or other variations on these words
      and other similar expressions. These statements, which may include,
      without limitation, projections regarding our future performance and
      financial condition, are made on the basis of management's current views
      and assumptions with respect to future events. Any forward-looking
      statement is not a guarantee of future performance and actual results
      could differ materially from those contained in the forward-looking
      statement. These statements speak only as of the date they were made,
      and we undertake no obligation to update or revise any forward-looking
      statements, whether as a result of new information, future events or
      otherwise. We operate in a changing environment. New risks emerge from
      time to time and it is not possible for us to predict all risks that may
      affect us. The forward-looking statements, as well as our prospects as a
      whole, are subject to risks and uncertainties that could cause actual
      results to differ materially from those set forth in the forward-looking
      statements including:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        changes in general economic and political conditions, including
        unemployment rates, changes in the U.S. housing and mortgage credit
        markets, declines in home prices and property values, the performance
        of the U.S. or global economies, the amount of liquidity in the
        capital or credit markets, changes or volatility in interest rates or
        consumer confidence and changes in credit spreads, all of which may be
        impacted by, among other things, legislative activity or inactivity,
        actual or threatened downgrades of U.S. government credit ratings, or
        actual or threatened defaults on U.S. government obligations;
      </li>
      <li style="margin-bottom: 10.0px">
        changes in the way customers, investors, regulators or legislators
        perceive the strength of private mortgage insurers;
      </li>
      <li style="margin-bottom: 10.0px">
        catastrophic events, increased unemployment, home price depreciation
        or other negative economic changes in geographic regions where our
        mortgage insurance exposure is more concentrated;
      </li>
      <li style="margin-bottom: 10.0px">
        Radian Guaranty's ability to remain eligible under applicable
        requirements imposed by the FHFA and the GSEs to insure loans
        purchased by the GSEs;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to maintain sufficient holding company liquidity to meet
        our short- and long-term liquidity needs. We expect to distribute to
        Radian Guaranty a significant amount of our holding company liquidity
        to support Radian Guaranty's compliance with the PMIERs Financial
        Requirements, which become effective for existing mortgage insurers on
        December 31, 2015. Our projections regarding the amount of holding
        company liquidity that we may distribute to Radian Guaranty to comply
        with the PMIERs Financial Requirements are based on our estimates of
        Radian Guaranty's Minimum Required Assets and Available Assets, which
        may not prove to be accurate, and which could be impacted by: (1) our
        ability to receive, as expected, GSE approval for the amendments to
        our existing reinsurance arrangements and to receive the full PMIERs
        benefit for these arrangements; (2) whether we elect to convert
        certain holding company assets into PMIERs-compliant Available Assets;
        (3) factors affecting the performance of our mortgage insurance
        business, including our level of defaults, prepayments, the losses we
        incur on new or existing defaults and the credit characteristics of
        our mortgage insurance; and (4) how much capital we expect to maintain
        at our mortgage insurance subsidiaries in excess of the amount
        required to satisfy the PMIERs Financial Requirements. Contributions
        of holding company cash and investments from Radian Group will leave
        less liquidity to satisfy Radian Group's future obligations. Depending
        on the amount of holding company contributions that we make, we may be
        required or may decide to seek additional capital by incurring
        additional debt, by issuing additional equity, or by selling assets,
        which we may not be able to do on favorable terms, if at all;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to maintain an adequate level of capital in our insurance
        subsidiaries to satisfy existing and future state regulatory
        requirements, including new capital adequacy standards that currently
        are being developed by the NAIC and that could be adopted by states in
        which we write business;
      </li>
      <li style="margin-bottom: 10.0px">
        changes in the charters or business practices of, or rules or
        regulations imposed by or applicable to the GSEs, including: (1) the
        implementation of the final PMIERs (including as updated on June 30,
        2015 to increase the amount of Available Assets that must be held
        against risk in force associated with lender paid mortgage insurance
        originated on or after January 1, 2016), which (a) will increase the
        amount of capital that Radian Guaranty is required to hold, and
        therefore, reduce our current returns on subsidiary capital, (b)
        potentially impact the type of business that Radian Guaranty is
        willing to write, which could reduce our NIW and market share, (c)
        impose extensive and more stringent operational requirements in areas
        such as claim processing, loss mitigation, document retention,
        underwriting, quality control, reporting and monitoring, among others,
        that may result in additional costs to achieve and maintain
        compliance, and (d) require the consent of the GSEs for Radian
        Guaranty to take certain actions such as paying dividends, entering
        into various inter-company agreements, and commuting or reinsuring
        risk, among others; (2) changes that could limit the type of business
        that Radian Guaranty is willing to write, which could reduce our NIW
        and market share; (3) changes that could increase the cost of private
        mortgage insurance, including as compared to the FHA's pricing, or
        result in the emergence of other forms of credit enhancement; and (4)
        changes that could require us to alter our business practices and
        which may result in substantial additional costs;
      </li>
      <li style="margin-bottom: 10.0px">
        our ability to continue to effectively mitigate our mortgage insurance
        losses, including a decrease in net Rescissions, Claim Denials or
        Claim Curtailments resulting from an increase in the number of
        successful challenges to previous Rescissions, Claim Denials or Claim
        Curtailments (including as part of one or more settlements of disputed
        Rescissions or Claim Denials), or as a result of the GSEs intervening
        in or otherwise limiting our loss mitigation practices, including
        settlements of disputes regarding Loss Mitigation Activities;
      </li>
      <li style="margin-bottom: 10.0px">
        the negative impact that our Loss Mitigation Activities may have on
        our relationships with our customers and potential customers,
        including the potential loss of current or future business and the
        heightened risk of disputes and litigation;
      </li>
      <li style="margin-bottom: 10.0px">
        any disruption in the servicing of mortgages covered by our insurance
        policies, as well as poor servicer performance;
      </li>
      <li style="margin-bottom: 10.0px">
        a substantial decrease in the persistency rates of our mortgage
        insurance policies, which has the effect of reducing our premium
        income on our mortgage insurance products paid on a monthly
        installment basis and could decrease the profitability of our mortgage
        insurance business;
      </li>
      <li style="margin-bottom: 10.0px">
        heightened competition for our mortgage insurance business from others
        such as the FHA, the U.S. Department of Veterans Affairs and other
        private mortgage insurers (including with respect to other private
        mortgage insurers, those that have been assigned higher ratings than
        we have, that may have access to greater amounts of capital than we
        do, or that are new entrants to the industry, and therefore, are not
        burdened by legacy obligations and may be more willing to aggressively
        price their mortgage insurance offerings to gain market share from
        more established mortgage insurers) and the impact such heightened
        competition may have on our returns and our NIW;
      </li>
    </ul>
    <div style="text-indent: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        the increased demand from lenders for customized (reduced) rates on
        mortgage insurance products, which could further reduce our overall
        average premium rates and returns and, to the extent we decide to
        limit certain types of business, could adversely impact our NIW and
        market share;
      </li>
      <li style="margin-bottom: 10.0px">
        changes to the current system of housing finance, including the
        possibility of a new system in which private mortgage insurers are not
        required or their products are significantly limited in effect or
        scope;
      </li>
      <li style="margin-bottom: 10.0px">
        the effect of the Dodd-Frank Wall Street Reform and Consumer
        Protection Act on the financial services industry in general, and on
        our businesses in particular;
      </li>
      <li style="margin-bottom: 10.0px">
        the adoption of new laws and regulations, or changes in existing laws
        and regulations, or the way they are interpreted or applied,
        including, without limitation: (1) the resolution of existing, or the
        possibility of additional, lawsuits, inquiries or investigations
        (including an inquiry from the Wisconsin Office of the Commissioner of
        Insurance to all private mortgage insurers pertaining to customized
        insurance rates and terms offered to mortgage insurance customers);
        (2) changes to the Model Act being considered by the NAIC that could
        include more stringent requirements for Radian Guaranty in states that
        adopt the new Model Act in the future; and (3) other legislative and
        regulatory changes (a) impacting the demand for our products, (b)
        limiting or restricting the products we may offer or increasing the
        amount of capital we are required to hold, (c) affecting the form in
        which we execute credit protection, or (d) otherwise impacting our
        existing businesses or future prospects;
      </li>
      <li style="margin-bottom: 10.0px">
        the amount and timing of potential payments or adjustments associated
        with federal or other tax examinations, including deficiencies
        assessed by the IRS resulting from the examination of our 2000 through
        2007 tax years, which we are currently contesting;
      </li>
      <li style="margin-bottom: 10.0px">
        the possibility that we may fail to estimate accurately the
        likelihood, magnitude and timing of losses in connection with
        establishing loss reserves for our mortgage insurance business;
      </li>
      <li style="margin-bottom: 10.0px">
        volatility in our results of operations caused by changes in the fair
        value of our assets and liabilities, including a significant portion
        of our investment portfolio;
      </li>
      <li style="margin-bottom: 10.0px">
        changes in GAAP or SAP rules and guidance, or their interpretation;
      </li>
      <li style="margin-bottom: 10.0px">
        legal and other limitations on amounts we may receive from our
        subsidiaries as dividends or through our tax- and expense-sharing
        arrangements with our subsidiaries; and
      </li>
      <li style="margin-bottom: 10.0px">
        the possibility that we may need to impair the estimated fair value of
        goodwill established in connection with our acquisition of Clayton,
        the valuation of which requires the use of significant estimates and
        assumptions with respect to the estimated future economic benefits
        arising from certain assets acquired in the transaction such as the
        value of expected future cash flows of Clayton, Clayton's workforce,
        expected synergies with our other affiliates and other unidentifiable
        intangible assets.
      </li>
    </ul>
    <p>
      For more information regarding these risks and uncertainties as well as
      certain additional risks that we face, you should refer to the Risk
      Factors detailed in Item 1A of Part I of our Annual Report on Form 10-K
      for the year ended December 31, 2014 and in our subsequent reports and
      registration statements filed from time to time with the U.S. Securities
      and Exchange Commission. We caution you not to place undue reliance on
      these forward-looking statements, which are current only as of the date
      on which we issued this press release. We do not intend to, and we
      disclaim any duty or obligation to, update or revise any forward-looking
      statements to reflect new information or future events or for any other
      reason.
    </p>
    <p>
      CONTACT:<br>Radian Group Inc.<br>Emily Riley,<b> </b>215-231-1035<br><u>emily.riley@radian.biz</u>
    </p>
    <p>

    </p>
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