|
Headquartered in Philadelphia and with significant operations in New York and
London, Radian is a leading provider of credit enhancement for the global financial and capital
markets. Built on a foundation of evaluating credit risk, the products and services we provide in
mortgage insurance, public finance, structured finance, reinsurance and other financial services
help clients and investors manage risk expertly and prudently.
Our capabilities in both financial guaranty and mortgage insurance, along with
our emphasis on providing flexible solutions and leading-edge technology, enable us to develop
innovative solutions for our clients. Radian is traded on the New York Stock Exchange under the
symbol RDN.
Radian and Its Businesses
Radian is a group of companies, separately capitalized but sharing a unified strategic focus on
credit enhancement. Radian's roots go back to the 1970s with the founding of our predecessor company,
CMAC. In 1999, CMAC merged with Amerin, another mortgage insurance company, and the new company became
Radian.
The company has entered a significant new phase of growth, driven by focused business
development, international expansion and strategic acquisitions.
Radian companies include:
- Radian Asset Assurance Inc., which provides financial guaranty insurance and reinsurance to US
and international issuers of municipal bonds, asset-backed securities and structured finance transactions.
- Radian Asset Assurance Limited, a subsidiary of Radian Asset Assurance Inc., which offers
solutions for an array of asset classes including asset-backed securities, collateralized debt obligations and mortgage-backed securities.
- Radian Financial Products Limited, a subsidiary of Radian Asset Assurance Inc., which offers a
range of derivatives-based solutions for clients in the United Kingdom and throughout the European Union.
- Radian Guaranty Inc., which provides mortgage insurance to protect lenders against loan default
and to enable homebuyers to purchase homes more quickly and with smaller down payments.
- Radian Insurance Inc., a subsidiary of Radian Guaranty Inc., which writes non-traditional
mortgage insurance for second and high-loan-to-value mortgages.
Radian has nearly 830 employees in Australia, Hong Kong, the United States and the United Kingdom.
We count among our clients many of the world's leading mortgage lenders, investment and commercial banks
and insurance companies.
|