Radian Group (RDN)

[56Chevy]

I expect Q2 earnings to be good. RDN is coming off record amounts of new policies written and new delinquencies are down. Their policy portfolio never looked better.

The only reason this qtr might not be even better would be that new mortgage originations stumbled in late May over concern the Fed Chairman Ben Bernanke said the Fed was preparing to reduce the pace of its bond-purchasing program later this year.

Bernanke has since walked that statement back when he told Congress that the Fed remains committed to providing economic stimulus until the economy needs it and is flexible on the timeline to trim the program.