Two public holding companies with financial guarantor subsidiaries received the type of unwelcome news Tuesday that could potentially impact the bond insurers under their control.

Radian Group Inc. said Tuesday it may sell its financial guarantor subsidiary, Radian Asset Assurance Inc., in an effort to boost capital for its mortgage business, while Security Capital Assurance Ltd said it may be kicked off the New York Stock Exchange, further dashing hopes that its bond insurer, XL Capital Assurance Inc., would see any additional capital.

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