Radian Group

Radian Group Inc.
Public
Traded as NYSE: RDN
Russell 2000 Component
Industry Financial technology & Insurance & Finance
Founded 1977 (as CMAC)
Headquarters Philadelphia, Pennsylvania
Key people
 Richard Thornberry (CEO)
Website http://www.radian.biz

Radian Group Inc. (NYSE: RDN) provides private mortgage insurance, risk management products and real estate services to financial institutions.

The company is headquartered at Centre Square in Philadelphia, with operations in New York City, London and Hong Kong.

The company's key executives are Richard Thornberry (Chief Executive Officer), Derek Brummer (EVP and Chief Risk Officer), Edward Hoffman (General Counsel and Corporate Secretary), J. Franklin Hall (EVP and Chief Financial Officer), Catherine M. Jackson (SVP and Corporate Controller).[1] The company has over 1,000 employees.

Radian Companies[2]

Radian is a group of separately capitalized companies that share a unified strategic focus. Radian's core business, Radian Guaranty Inc., provides private mortgage insurance to protect lenders from default-related losses, facilitate the sale of low-downpayment mortgages in the secondary market and enable homebuyers to purchase homes more quickly with downpayments less than 20%.

Other Radian companies include:

  • Clayton Holdings LLC[3], a subsidiary of Radian Group Inc., provides risk-based analytics, residential loan due diligence, consulting, surveillance and staffing solutions. The company’s subsidiaries include: Green River Capital[4], customized REO asset management and single-family rental services; Red Bell Real Estate[5], advanced AVMs, BPOs and technology to acquire and track performance of loan portfolios and NPLs; ValuAmerica[6], national title and appraisal management company and vendor management technology provider; and Clayton Euro Risk[7], global services.

References

  1. ↑ http://www.radian.biz/page?name=Executives
  2. ↑ http://www.radian.biz/page?name=AboutUs
  3. ↑ http://www.clayton.com/
  4. ↑ http://www.greenrivercap.com/
  5. ↑ http://clayton.com/solutions-and-services/redbell-real-estate-services/
  6. ↑ https://www.valuamerica.com/
  7. ↑ http://www.claytonerm.com/


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