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Radian Group

From Wikipedia, the free encyclopedia
Radian Group Inc.
Company typePublic
NYSERDN
Russell 2000 component
S&P 600 component
IndustryFinancial technology & Insurance & Finance
Founded1977 (as CMAC)
HeadquartersPhiladelphia, Pennsylvania
Key people
Richard Thornberry (CEO)
Websitehttp://www.radian.com

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

The company is headquartered at Centre Square in Philadelphia.

Radian Companies[1]

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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-down-payment mortgages in the secondary market and enable homebuyers to purchase homes with down-payments less than 20%. In 2019 it had a net income of $672.3 million.[2] Vanguard Group Inc, FMR LLC, Blackrock Inc are some of the highest stock holders of Radian Group Inc.[3]

References

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  1. ^ "Radian Home". www.radian.com. Retrieved 2020-10-23.
  2. ^ "Radian Announces Fourth Quarter and Full Year 2019 Financial Results". businesswire.com. 5 February 2020.
  3. ^ Baldwin, Edison. "Radian Group Inc. [RDN] is -49.72% lower this YTD. Is it still time to buy? | The DBT News". Retrieved 2020-03-19.
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