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.
| Country | United States |
| Founded | 1977 |
| IPO Date | Oct 30, 1992 |
| Industry | Insurance - Specialty |
| Sector | Financials |
| Employees | 1,100 |
| CEO | Richard Gerald Thornberry |
Contact Details
Address: 550 East Swedesford Road, Suite 350 Wayne, Pennsylvania 19087 United States | |
| Phone | (215) 564-6600 |
| 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 |
|---|---|
| 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 |
| Brien Joseph McMahon | Senior EVice President, Chief Franchise Officer and Co-Head of Homegenius |
| John W. Damian | Senior Vice President of Corporate Development and Investor Relations |
| Emily S. Riley | Executive Vice President and Chief Marketing and Corporate Communications Officer |
| Mary Creedon Dickerson | Senior Executive Vice President and Chief People Officer |
| Dr. Clifford V. Rossi | Chief Economist and Senior Vice President |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 24, 2024 | 8-K | Current Report |
| Apr 5, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 5, 2024 | DEF 14A | Other definitive proxy statements |
| Apr 4, 2024 | ARS | Filing |
| Mar 4, 2024 | 8-K | Current Report |
| Mar 1, 2024 | 424B5 | Filing |
| Feb 29, 2024 | FWP | Free Writing Prospectus |
| Feb 27, 2024 | 424B5 | Filing |
| Feb 23, 2024 | 10-K | Annual Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |