Radian Group

#3159

Rank

$4.46B

Marketcap

United States

Country

Leadership team

Mr. Richard Gerald Thornberry (CEO & Director)

Mr. J. Franklin Hall (Sr. EVP & CFO)

Mr. Edward John Hoffman (Sr. EVP, Gen. Counsel & Corp. Sec.)

Products/ Services

Finance, Financial Services, Real Estate

Number of Employees

1,000 - 20,000

Headquarters

Philadelphia, Pennsylvania, United States

Established

1977

Company Registration

SEC CIK number: 0000890926

Net Income

1B - 20B

Revenue

Above - 1B

Traded as

RDN

Social Media

URL

https://www.radian.com

Overview

Location

Recognition and Award

References

Summary

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its Mortgage segment offers credit-related insurance coverage primarily through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management, contract underwriting, and fulfillment solutions. This segment primarily serves mortgage originators, such as mortgage banks, commercial banks, savings institutions, credit unions, and community banks. The company's Homegenius segment offers title services, including a suite of insurance and non-insurance title, tax and title data, centralized recording, document retrieval and default curative title services, and deed and property reports, as well as closing and settlement services comprising electronic execution and traditional signing services; real estate valuation products and services; and asset management services, as well as a suite of real estate technology products and services to facilitate real estate transactions, such as software as a service solutions. This segment serves consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, and real estate brokers and agents. The company was founded in 1977 and is headquartered in Wayne, Pennsylvania.

History

Radian Group was founded in Philadelphia, Pennsylvania in 1977 as a bond insurance company. In 1993, they became the first publicly held mortgage insurance company in the US. Over the years, the company has acquired a number of different mortgage-related businesses, such as mortgage origination, servicing, and securitization services. In 2020, the company expanded its operations, offering private mortgage insurance and technology services.

Mission

To provide financial protection to our clients and to help them achieve their goals through innovative mortgage and real estate products and services.

Vision

Radian will be the premier provider of integrated mortgage services in the world.

Key Team

Mr. Derek V. Brummer (Pres of Mortgage)

Mr. Brien Joseph McMahon (Sr. Exec. VP, Chief Franchise Officer & Co-Head of homegenius)

Mr. William Thomas Tomljanovic (Chief Investment Officer, Sr. VP & Treasurer)

Mr. Robert James Quigley (Exec. VP, Corp. Controller & Chief Accounting Officer)

Mr. John W. Damian (Sr. VP of Corp. Devel. & Investor Relations)

Ms. Emily S. Riley (Exec. VP, Chief Marketing & Corp. Communications Officer)

Ms. Mary Creedon Dickerson (Exec. VP & Chief People Officer)

Recognition and Awards

Radian has been recognized for its leadership and commitment to the industry, winning numerous awards including the American Mortgage Servicing Award, the Insured Mortgage Bankers Association Outstanding Achievement in Servicing Award, and the Mortgage Bankers Association’s Innovation Award.