Radian Group
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| Company type | Public |
|---|---|
| NYSE: RDN Russell 2000 component S&P 600 component | |
| Industry | Financial technology & Insurance & Finance |
| Founded | 1977 (as CMAC) |
| Headquarters | Philadelphia, Pennsylvania |
Key people | Richard Thornberry (CEO) |
| Website | http://www.radian.com |
Radian Group Inc. (NYSE: RDN) 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]
References
[edit]- ^ "Radian Home". www.radian.com. Retrieved 2020-10-23.
- ^ "Radian Announces Fourth Quarter and Full Year 2019 Financial Results". businesswire.com. 5 February 2020.
- ^ Baldwin, Edison. "Radian Group Inc. [RDN] is -49.72% lower this YTD. Is it still time to buy? | The DBT News". Retrieved 2020-03-19.
External links
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