RDN 📈 Radian - Overview

Radian Group Inc. is a leading provider of mortgage and real estate services in the United States, operating through two primary segments: Mortgage Insurance and Homegenius. The Mortgage Insurance segment plays a crucial role in managing and distributing U.S. mortgage credit risk for various lending institutions and investors. This is achieved through private mortgage insurance on residential first-lien mortgage loans, as well as other credit risk management solutions such as contract underwriting. By doing so, Radian Group Inc. helps to facilitate mortgage lending and supports the stability of the housing market.

The Homegenius segment, on the other hand, offers a comprehensive range of title services, including insurance and non-insurance titles, tax and title data, centralized recording, document retrieval, and default curative title services. Additionally, this segment provides deed and property reports, closing and settlement services, mortgage underwriting and processing, escrow, appraisal management, and real estate brokerage. Radian Group Inc. also delivers real estate valuation products and services, asset management services for managing real estate owned properties, and a suite of real estate technology products and services. These solutions aim to streamline real estate transactions and provide valuable insights to industry stakeholders.

Radian Group Inc. serves a diverse range of clients, including mortgage originators such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks. The company also caters to consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, real estate brokers and agents, and corporations seeking to provide benefits to their employees. With a history dating back to 1977, Radian Group Inc. has established itself as a trusted partner in the mortgage and real estate services industry. Headquartered in Wayne, Pennsylvania, the company has undergone significant transformations, including a name change from CMAC Investment Corp. to Radian Group Inc. in June 1999.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol RDN, Radian Group Inc. is committed to delivering value to its shareholders. The company's common stock is classified under the GICS Sub Industry of Commercial & Residential Mortgage Finance, and its ISIN is US7502361014. With a strong online presence, Radian Group Inc. can be found at https://www.radian.com, providing easy access to information and resources for clients, investors, and industry professionals.