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Radian Group Inc. (RDN)

NYSE - Nasdaq Real Time Price. Currency in USD
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27.96+0.37 (+1.34%)
As of 03:55PM EST. Market open.

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
IndustryInsurance - Specialty
Full Time Employees1,100

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard Gerald ThornberryCEO & Director3.39MN/A1958
Mr. Robert James QuigleyExecutive VP, Corporate Controller & Chief Accounting Officer705.94kN/A1972
Mr. Edward John HoffmanSenior EVP, General Counsel & Corporate Secretary1.14MN/A1974
Mr. Derek V. BrummerPresident of Mortgage1.45MN/A1971
Mr. Brien Joseph McMahonSenior Executive VP, Chief Franchise Officer & Co-Head of Homegenius941.42kN/A1961
Ms. Sumita PanditCFO & Senior EVPN/AN/A1978
Mr. John W. DamianSenior Vice President of Corporate Development & Investor RelationsN/AN/AN/A
Ms. Emily S. RileyExecutive VP, Chief Marketing & Corporate Communications OfficerN/AN/AN/A
Ms. Mary Creedon DickersonSenior EVP & Chief People OfficerN/AN/A1973
Dr. Clifford V. RossiChief Economist & Senior VPN/AN/AN/A
Amounts are as of December 31, 2022 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 offers mortgage credit-related insurance coverage 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 incorporated in 1991 and is headquartered in Wayne, Pennsylvania.

Corporate Governance

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

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.