Radian Group Inc is a company that primarily provides mortgage insurance and risk management services to the real estate and financial services industries
By insuring residential mortgages, Radian helps lenders manage the risk of borrower default, thereby facilitating homeownership for consumers. In addition to its mortgage insurance operations, Radian offers a range of services including title insurance and related solutions, as well as services that support the real estate market, helping to promote stability and growth within the housing industry. Through its various products and services, Radian aims to enhance the home buying process while managing risk for both lenders and investors.
Radian Group Inc. (NYSERDN) today announced that it will hold a conference call on Thursday, February 6, 2025, at 11:00 a.m. Eastern time to discuss the company’s fourth quarter and full year 2024 results, which will be announced after the market closes on Wednesday, February 5, 2025.
Radian Group Inc. (NYSERDN) today announced that Derek Brummer, President, Mortgage Insurance, will retire on July 3, 2025, after 23 years of distinguished service at the company. Sumita Pandit, currently serving as Chief Financial Officer, will assume the role of Radian President and Chief Financial Officer upon Brummer’s retirement. In her new role, Pandit will assume responsibility for overseeing all aspects of Radian’s mortgage insurance business in addition to her current responsibilities as Chief Financial Officer.
Radian Group Inc. (NYSERDN) today announced that DBRS, Inc. (Morningstar DBRS) deems Radian Real Estate Management as an acceptable due diligence firm for business purpose loans and single-family rental Morningstar DBRS-rated residential mortgage-backed securities (RMBS) transactions.
Radian Group Inc. (NYSERDN) announced today that the company’s Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.245 per share, payable December 10, 2024, to stockholders of record as of November 25, 2024.
Radian Group Inc. (NYSERDN) today reported net income for the quarter ended September 30, 2024, of $152 million, or $0.99 per diluted share. This compares with net income for the quarter ended September 30, 2023, of $157 million, or $0.98 per diluted share.
Radian Group Inc. (NYSERDN) today announced that its annual “Opens Doors Opens Hearts” fundraising campaign achieved an all-time record of nearly $475,000 to benefit the MBA Opens Doors Foundation, which provides mortgage and rental assistance to families caring for a critically ill or injured child.
Radian Group Inc. (NYSERDN) today announced that it will hold a conference call on Thursday, November 7, 2024, at 10:00 a.m. Eastern time to discuss the company’s third quarter 2024 results, which will be announced after the market closes on Wednesday, November 6, 2024.
Radian Guaranty Inc., the principal mortgage insurance subsidiary of Radian Group Inc. (NYSERDN), announced that updates to the Private Mortgage Insurer Eligibility Requirements (PMIERs) that were issued today by Fannie Mae and Freddie Mac (PMIERs Updates), are not expected to have a material impact on Radian Guaranty’s capital position or PMIERs cushion. In addition, given the limited expected impact, the Company does not believe the PMIERs Updates will require Radian Guaranty to adjust its investment portfolio asset allocation. Instead, the Company expects that any future changes to Radian Guaranty’s investment portfolio will continue to be made in the ordinary course in pursuit of the Company’s investment return objectives.
Radian Group Inc. (NYSERDN) announced today that the company’s Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.245 per share, payable September 11, 2024, to stockholders of record as of August 26, 2024.
Radian Group Inc. (NYSERDN) today reported net income for the quarter ended June 30, 2024, of $152 million, or $0.98 per diluted share. This compares with net income for the quarter ended June 30, 2023, of $146 million, or $0.91 per diluted share.
Radian Group Inc. (NYSERDN) today announced that its mortgage conduit, Radian Mortgage Capital LLC (RMC), has closed its inaugural prime jumbo securitization, Radian Mortgage Capital 2024-J1.
