| Radian Group Inc. | |
| Type: | Public |
| Traded As: | Russell 2000 component S&P 600 component |
| Foundation: | 1977 (as CMAC) |
| Key People: | Richard Thornberry (CEO) |
| Industry: | Financial technology & Insurance & Finance |
| Homepage: | http://www.radian.com |
| Location: | Philadelphia, Pennsylvania |
Radian Group Inc. 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 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]