Company:Radian Group
From HandWiki
Short description: Mortgage insurance 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 Companies[1]
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
- ↑ "Radian Home". https://www.radian.com/.
- ↑ "Radian Announces Fourth Quarter and Full Year 2019 Financial Results". 5 February 2020. https://www.businesswire.com/news/home/20200205005887/en/Radian-Announces-Fourth-Quarter-Full-Year-2019.
- ↑ Baldwin, Edison. "Radian Group Inc. [RDN is -49.72% lower this YTD. Is it still time to buy? | The DBT News"] (in en-US). https://dbtnews.com/2020/03/19/radian-group-inc-rdn-is-49-72-lower-this-ytd-is-it-still-time-to-buy/.
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