Radian Group Inc. (RDN)
NYSE: RDN · Real-Time Price · USD
32.22
+0.55 (1.74%)
Nov 4, 2024, 12:58 PM EST - Market open

Company Description

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States.

It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting.

The Homegenius segment offers title services, including a suite of insurance and non-insurance titles; tax and title data, centralized recording, document retrieval, and default curative title services; deed and property reports; closing and settlement services; mortgage underwriting and processing; escrow; appraisal management; and real estate brokerage.

This segment also provides real estate valuation products and services; asset management services for managing real estate owned properties, which includes a web-based workflow solution; and a suite of real estate technology products and services to facilitate real estate transactions, such as proprietary platforms as a service solution.

It serves mortgage originators, such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks; and consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, real estate brokers and agents, and corporations for their employees.

The company was formerly known as CMAC Investment Corp. and changed its name to Radian Group Inc. in June 1999.

Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.

Radian Group Inc.
Radian Group logo
Country United States
Founded 1977
IPO Date Oct 30, 1992
Industry Insurance - Specialty
Sector Financials
Employees 1,100
CEO Richard Thornberry

Contact Details

Address:
550 East Swedesford Road, Suite 350
Wayne, Pennsylvania 19087
United States
Phone 215 231 1000
Website radian.com

Stock Details

Ticker Symbol RDN
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000890926
CUSIP Number 750236101
ISIN Number US7502361014
Employer ID 23-2691170
SIC Code 6351

Key Executives

Name Position
Emily S. Riley Executive Vice President and Chief of Staff to the Chief Executive Officer
Richard Gerald Thornberry Chief Executive Officer and Director
Sumita Pandit Chief Financial Officer and Senior EVice President
Robert James Quigley Executive Vice President, Corporate Controller and Chief Accounting Officer
Edward John Hoffman Senior EVice President, General Counsel and Corporate Secretary
Derek V. Brummer President of Mortgage Insurance
Mary Creedon Dickerson Senior Executive Vice President and Chief People and Operating Officer
John W. Damian Senior Vice President of Corporate Development and Investor Relations
Dr. Clifford V. Rossi Chief Economist and Senior Vice President
Peter Danna CFA, FRM Senior Vice President of Structured Products

Latest SEC Filings

Date Type Title
Sep 13, 2024 8-K Current Report
Sep 5, 2024 144 Filing
Aug 28, 2024 144 Filing
Aug 27, 2024 144 Filing
Aug 27, 2024 144 Filing
Aug 23, 2024 144 Filing
Aug 9, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Aug 8, 2024 144 Filing
Aug 2, 2024 10-Q Quarterly Report
Aug 1, 2024 8-K Current Report