Radian Group

RDN · NYSE

$34.68+$0.56 (+1.64%)TodayMarket closed ·
Prev close $34.12

About RDN

Radian Group Inc. is a holding company, which provides mortgage insurance, risk management products, and real estate services to financial institutions. The company is headquartered in Wayne, Pennsylvania and currently employs 900 full-time employees. The firm provides mortgage insurance and other products and services to the real estate and mortgage finance industries. The firm operates through one segment, Mortgage Insurance. The Company’s Mortgage Insurance segment aggregates, manages and distributes the United States mortgage credit risk on behalf of mortgage lending institutions and mortgage credit investors, principally through private mortgage insurance on residential first-lien mortgage loans, and also provides other credit risk management, contract underwriting and fulfillment solutions. Its Mortgage Insurance products are Primary Mortgage Insurance and Other Mortgage Insurance Products. The Primary Mortgage Insurance provides protection against mortgage defaults at a specified coverage percentage. The Other Mortgage Insurance Products include Government-sponsored enterprises (GSE) Credit Risk Transfer and Pool Mortgage Insurance.

Employees
900
Headquarters
Wayne, Pennsylvania
Listed
Oct 30, 1992
Sector
Financials
Industry
Financial Services
Website
radian.com

Leadership

Radian Group executives
NameTitleSince
Howard Culang——
Richard Thornberry—2017
Daniel Kobell——
Mary Dickerson——
Robert Quigley——
Edward Hoffman——
Meghan Bartholomew——
Steve Keleher——
Eric Ray——
Seraina Macia——
Fawad Ahmad——
Brad Conner——
Debra Hess——
Anne Leyden——
Brian Montgomery——
Lisa Mumford——
Jed Rhoads——
Gregory Serio——
Noel Spiegel——

Revenue by product and region

Fiscal year ended Dec 31, 2019: $1.53B total revenue

By product

  • Mortgage insurance loss reserves$1.31B85.7%
  • Services loss reserves$170.44M11.2%

Similar companies

Companies in the same industry as Radian Group

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