Radian Group

Radian Group Inc. (NYSE: RDN) is a mortgage insurance company with a suite of mortgage, risk, real estate, and title services.

Radian Group Inc.
Public
Traded asNYSE: RDN
Russell 2000 Component
IndustryFinancial technology & Insurance & Finance
Founded1977 (as CMAC)
HeadquartersPhiladelphia, Pennsylvania
Key people
Richard Thornberry (CEO)
Websitehttp://www.radian.biz

The company is headquartered at Centre Square in Philadelphia.

Radian Companies[1]

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 with downpayments less than 20%. In 2018 it had a net income of $606.0 million.[2] Vanguard Group Inc, FMR LLC, Blackrock Inc are some of the highest stock holders of Radian Group Inc.[3]

Other Radian companies include:

  • Clayton Holdings LLC,[4] 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,[5] customized REO asset management and single-family rental services; Red Bell Real Estate,[6] advanced AVMs, BPOs and technology to acquire and track performance of loan portfolios and NPLs; ValuAmerica,[7] national title and appraisal management company and vendor management technology provider; and Clayton Euro Risk,[8] global services.

References


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