Radian

Radian Improves Score in Human Rights Campaign Foundation’s 2023 Corporate Equality Index

Retrieved on: 
Thursday, November 30, 2023

To learn more about the Corporate Equality Index, please visit www.hrc.org/cei .

Key Points: 
  • To learn more about the Corporate Equality Index, please visit www.hrc.org/cei .
  • Radian’s latest Diversity, Equity and Inclusion (DEI) Annual Report provides an in-depth review of the organization’s DEI strategy, practices and reporting metrics as of the end of 2022, as well as its plan to build upon progress in the years to come.
  • The company’s DEI Annual Report serves as a mission statement and roadmap for how it is working to advance diversity, equity and inclusion throughout Radian.
  • Radian has also signed the Mortgage Bankers Association’s Home for All Pledge to promote inclusion in housing and the CEO Action for Diversity and Inclusion pledge, committing to cultivate an environment where all ideas and employees are welcomed.

Radian’s Fundraising Campaign for MBA Opens Doors Foundation Surpasses Donation Goal

Retrieved on: 
Tuesday, November 28, 2023

Radian Group Inc. (NYSE: RDN) today announced that its annual “ Opens Doors Opens Hearts ” fundraising campaign generated $216,090 to benefit the MBA Opens Doors Foundation , which provides mortgage and rental assistance to those caring for a critically ill or injured child.

Key Points: 
  • Radian Group Inc. (NYSE: RDN) today announced that its annual “ Opens Doors Opens Hearts ” fundraising campaign generated $216,090 to benefit the MBA Opens Doors Foundation , which provides mortgage and rental assistance to those caring for a critically ill or injured child.
  • This year, more than 200 donors contributed more than $108,045 to the “Opens Doors Opens Hearts” campaign, exceeding the fundraising goal set by the company.
  • Since 2018, Radian has hosted an annual fundraising campaign to benefit the MBA Opens Doors Foundation.
  • In 2019, the company helped the MBA Opens Doors Foundation launch an alliance with the Children’s Hospital of Philadelphia (CHOP) with a $400,000 commitment over four years.

Radian Announces Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

Purchase NIW decreased 18% in the third quarter of 2023 compared to the second quarter of 2023 and decreased 21% compared to the third quarter of 2022.

Key Points: 
  • Purchase NIW decreased 18% in the third quarter of 2023 compared to the second quarter of 2023 and decreased 21% compared to the third quarter of 2022.
  • Refinances accounted for 1% of total NIW in the third quarter of 2023, compared to 1% in the second quarter of 2023, and 2% in the third quarter of 2022.
  • In the third quarter of 2023, Radian Guaranty paid an ordinary dividend to Radian Group of $100 million, bringing the total ordinary dividends paid from Radian Guaranty to Radian Group during the year to $300 million.
  • Radian will discuss third quarter 2023 financial results in a conference call tomorrow, Thursday, November 2, 2023, at 12:00 p.m. Eastern time.

Radian Recognized for Diversity and Inclusion Leadership by Mortgage Bankers Association

Retrieved on: 
Monday, October 16, 2023

Radian Group Inc. (NYSE: RDN) has been honored by the Mortgage Bankers Association (MBA) as a recipient of its 2023 Diversity and Inclusion Residential Leadership Award.

Key Points: 
  • Radian Group Inc. (NYSE: RDN) has been honored by the Mortgage Bankers Association (MBA) as a recipient of its 2023 Diversity and Inclusion Residential Leadership Award.
  • Radian received the award for Organizational Diversity & Inclusion in the non-lender category.
  • In 2020, Radian was awarded the Organizational Diversity & Inclusion Residential Leadership Award and in 2016 received an honorable mention in the Market Outreach Strategies category.
  • In addition, Radian has signed the Mortgage Bankers Association’s Home for All Pledge to promote inclusion in housing and the CEO Action for Diversity and Inclusion pledge, committing to cultivate an environment where all ideas and employees are welcomed.

Radian to Webcast Third Quarter Conference Call

Retrieved on: 
Friday, October 6, 2023

Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, November 2, 2023 at 12:00 p.m. Eastern time to discuss the company’s third quarter 2023 results, which will be announced after the market closes on Wednesday, November 1, 2023.

Key Points: 
  • Radian Group Inc. (NYSE: RDN) today announced that it will hold a conference call on Thursday, November 2, 2023 at 12:00 p.m. Eastern time to discuss the company’s third quarter 2023 results, which will be announced after the market closes on Wednesday, November 1, 2023.
  • The conference call will be webcast live on the company’s website at https://radian.com/who-we-are/for-investors/webcasts or at www.radian.com .
  • Those interested in participating in the question-and-answer session should follow the conference call dial-in instructions below.
  • The call may be accessed via telephone by registering for the call here to receive the dial-in numbers and unique PIN.

Giving back: Radians Tickets for Charity donations inspire positive community engagement

Retrieved on: 
Thursday, August 31, 2023

"It's rewarding to see firsthand how Radians' contributions are making a difference in Memphis," said CEO, Mike Tutor.

Key Points: 
  • "It's rewarding to see firsthand how Radians' contributions are making a difference in Memphis," said CEO, Mike Tutor.
  • "Our local donations have an immediate and tangible impact on the lives of our neighbors, friends, youth, and animals at risk," said Radians CEO, Mike Tutor.
  • "It's rewarding to see firsthand how our contributions are making a difference in Memphis," said Tutor.
  • "The Radians Tickets for Charity Program is meaningful for our employees, too, as they nominate the charities," said Executive Administrator Paula Willingham, who manages the Tickets for Charity (TFC) program.

Weichert’s 23rd Annual Charity Outing Raises $150,000 for the American Cancer Society

Retrieved on: 
Wednesday, August 30, 2023

Morris Plains, NJ, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The Weichert Family of Companies successfully raised $150,000 during its 23rd Annual Charity Outing to benefit the American Cancer Society (ACS) and breast cancer research.

Key Points: 
  • Morris Plains, NJ, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The Weichert Family of Companies successfully raised $150,000 during its 23rd Annual Charity Outing to benefit the American Cancer Society (ACS) and breast cancer research.
  • “This award honors Jace’s legacy at Weichert, as well as Donna’s brave journey.”
    The Annual Charity Outing is the embodiment of Weichert’s charitable culture and a companywide effort.
  • Those who would still like to help support breast cancer research may send donations payable to the American Cancer Society to Weichert, Realtors, 1625 Route 10 East, Morris Plains, NJ 07950, Attn: Laura Metro ‒ Weichert Charity Outing.
  • The 24th Annual Charity Outing will be held August 15, 2024.

Radian Mortgage Insurance Now Available Through Vesta

Retrieved on: 
Tuesday, August 22, 2023

Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE:RDN), announced today that Radian MI is now available through Vesta's Loan Origination System (LOS).

Key Points: 
  • Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE:RDN), announced today that Radian MI is now available through Vesta's Loan Origination System (LOS).
  • “Radian is dedicated to providing highly effective and efficient MI solutions to borrowers throughout the country, and we are pleased to expand the reach of our offerings through this partnership,” said Brien McMahon, chief franchise officer at Radian.
  • “By joining together with Vesta, we will be able to help even more people achieve the American dream of homeownership.”
    Vesta's LOS platform will significantly enhance the borrower experience as it empowers Radian customers to receive a Radian rate quote instantly through its seamless interface, which provides access to Radian MI rates and products.
  • “We are excited to partner with Radian to further enhance our mortgage insurance capabilities and enable a more fully digital mortgage experience,” said Mike Yu, CEO of Vesta.

Radian Appoints Anne Leyden to Board of Directors

Retrieved on: 
Monday, August 7, 2023

Radian Group Inc. (NYSE:RDN) today announced that Anne Leyden has been appointed to serve on its Board of Directors.

Key Points: 
  • Radian Group Inc. (NYSE:RDN) today announced that Anne Leyden has been appointed to serve on its Board of Directors.
  • Anne is a senior human capital management executive with broad consumer and business-to-business leadership experience in the financial services and consumer credit sectors.
  • View the full release here: https://www.businesswire.com/news/home/20230807034151/en/
    “Anne is an extremely talented leader and strategist, and we are very pleased to welcome her to the Radian Board,” said Radian Board Chairman Howard B. Culang.
  • “Our People are the Difference is a core value for Radian and our thoughtful and independent Board is deeply committed to ensuring that we support and maximize our talent in the pursuit of our mission to provide affordable, sustainable and equitable homeownership – and we know Anne will help us do even more to further that objective.”

Radian Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 2, 2023

Purchase NIW increased 52% in the second quarter of 2023 compared to the first quarter of 2023 and decreased 9% compared to the second quarter of 2022.

Key Points: 
  • Purchase NIW increased 52% in the second quarter of 2023 compared to the first quarter of 2023 and decreased 9% compared to the second quarter of 2022.
  • Refinances accounted for 1% of total NIW in the second quarter of 2023, compared to 2% in the first quarter of 2023, and 3% in the second quarter of 2022.
  • The loss ratio in the second quarter of 2023 was (10.3)% compared to (7.3)% in the first quarter of 2023, and (46.2)% in the second quarter of 2022.
  • Radian will discuss second quarter 2023 financial results in a conference call tomorrow, Thursday, August 3, 2023, at 12:00 p.m. Eastern time.