Radian Group Inc. (RDN)

34.18 -0.13 (-0.38%) At close: 04:00PM EDT

Radian Group Inc.

550 East Swedesford Road
Suite 350
Wayne, PA 19087
United States
215 231 1000
https://www.radian.com

Sector(s): Financial Services
Industry: Insurance - Specialty
Full Time Employees: 1,100

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Richard Gerald Thornberry	CEO & Director	3.71M	N/A	1958
Ms. Sumita Pandit	CFO & Senior EVP	985.39k	N/A	1978
Mr. Robert James Quigley	Executive VP, Corporate Controller & Chief Accounting Officer	769.61k	29.87k	1972
Mr. Edward John Hoffman	Senior EVP, General Counsel & Corporate Secretary	1.19M	73.53k	1974
Mr. Derek V. Brummer	President of Mortgage Insurance	1.6M	96.64k	1971
Ms. Mary Creedon Dickerson	Senior EVP and Chief People & Operating Officer	N/A	N/A	1973
Mr. John W. Damian	Senior Vice President of Corporate Development & Investor Relations	N/A	N/A	N/A
Ms. Emily S. Riley	Executive VP & Chief of Staff to the CEO	N/A	N/A	N/A
Dr. Clifford V. Rossi	Chief Economist & Senior VP	N/A	N/A	N/A
Mr. Peter Danna CFA, FRM	Senior Vice President of Structured Products	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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.

Corporate Governance

Radian Group Inc.’s ISS Governance QualityScore as of October 1, 2024 is 2. The pillar scores are Audit: 4; Board: 1; Shareholder Rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.