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02/11/2016

Radian Nominated by Lenders as Best Service Provider to Ellie Mae Hall of Fame

PHILADELPHIA--(BUSINESS WIRE)--Feb. 11, 2016-- Radian Guaranty Inc., the private mortgage insurance subsidiary of Radian Group Inc. (NYSE: RDN), today announced it has been selected as a finalist for the Lender’s Choice Award of Best Service Providers in the Ellie Mae Hall of Fame. The Ellie Mae Hall of Fame honors companies who are shaping the mortgage industry and who have demonstrated exceptional results through their innovative use of Ellie Mae technology. Radian Guaranty is the only private mortgage insurer to be recognized in its category.

“We’re thrilled to be honored as a finalist in the Best Service Provider category to the Ellie Mae Hall of Fame but even more so because our selection comes from the ranks of our valued lender clients who have recognized our efforts and dedication on their behalf to finding solutions that benefit and work for them,” said Brien McMahon, chief franchise officer, Radian.

The Ellie Mae Hall of Fame awards ceremony, which anticipates over 2,000 attendees from across the mortgage industry, will take place on March 2 during Ellie Mae Experience 2016 at the Wynn Las Vegas. Awards will be presented by NBA legend, two-time Hall of Famer and entrepreneur Earvin “Magic” Johnson.

“Our Experience 2016 conference provides the perfect backdrop to recognize our esteemed customers who have achieved exceptional results through their innovative use of Ellie Mae technology,” said Jonathan Corr, president and CEO of Ellie Mae. “We received so many wonderful success stories and we’re looking forward to selecting and honoring our winners.”

About Ellie Mae

Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s all-in-one Encompass® mortgage management solution provides one system of record that allows banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency. Visit EllieMae.com or call 877.355.4362 to learn more.

About Radian

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance, risk management products and real estate services to financial institutions. Radian offers products and services through two business segments:

  • Mortgage Insurance, through its principal mortgage insurance subsidiary Radian Guaranty Inc. This private mortgage insurance protects lenders from default-related losses, facilitates the sale of low-downpayment mortgages in the secondary market and enables homebuyers to purchase homes more quickly with downpayments less than 20%.
  • Mortgage and Real Estate Services, through its principal services subsidiary Clayton, as well as Green River Capital, Red Bell Real Estate and ValuAmerica. These solutions include information and services that financial institutions, investors and government entities use to evaluate, acquire, securitize, service and monitor loans and asset-backed securities.

Additional information may be found at www.radian.com.

Source: Radian Group Inc.

Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com