Radian Group Inc.
Radian Group is glowing from a conflagration of private mortgage insurance claims. Through subsidiaries Radian Guaranty, Amerin Guaranty, and Radian Insurance, Radian Group provides traditional private mortgage insurance coverage to protect lenders from defaults by borrowers who put down a deposit of less than 20% when buying a home. Such coverage provides protection on individual loans and covers unpaid loan principal and delinquent interest. Its pool insurance covers limited exposure on groups of loans. Radian still insures municipal bonds through its financial guaranty business, but is winding down that business. Radian Group's customers include mortgage bankers, commercial banks, and savings institutions.
Contact Details
Office Address
Radian Group Inc.
1601 Market Street
Philadelphia, PA, USA 19103
Phone: (215) 231-1000
Fax: (215) 854-1457
Executives
Chairman
Herbert Wender
CEO and Director
Sanford A. Ibrahim