USX:RDN - Radian Group Inc Radian Group Inc
Sector: Financials, Industry: Property & Casualty Insurance
Next Earnings: 1 May 2024
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USD 30.88    -0.47 (-1.50%)

18 Mar 2024


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General

CEO: Mr. Richard Gerald Thornberry

IPO: 1992-10-30

Headquarters: US

Employees: 1,400

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Description

Radian Group Inc provides mortgage insurance and services to the real estate and mortgage finance industries. Radian's mortgage insurance provides coverage to lending institutions throughout the United States. Its services include analytics and consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities and other asset-backed securities. Insurance premiums account for more than three fourths of the company's revenue. Services revenue and investment income are the other principal sources of revenue. It operates in two segments: Mortgage and homegenius. The Mortgage segment earns the majority of revenue.

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