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03/08/2016

Radian Doubles Down on Commitment to Credit Union Customers

Promotes Two Seasoned Execs to Support Credit Union Team Mission

PHILADELPHIA--(BUSINESS WIRE)--Mar. 8, 2016-- Radian Guaranty Inc., the private mortgage insurance subsidiary of Radian Group Inc. (NYSE: RDN), today provided further evidence of its increased dedication in the service of its credit union customers and their business, announcing the promotions of Paul Gawin and David Shuart as national account managers in the company’s credit union team.

The two seasoned professionals, each with over 30 years in the mortgage finance industry and long experience developing new partnerships and growing market share with Radian’s existing customers will enhance the company’s strategic mission of growing its relationships with and meeting the needs of credit unions and trade associations throughout key locations across the U.S.

“We’re delighted Paul and David have been promoted to help lead the Credit Union team in their territories,” said Brien McMahon, chief franchise officer, Radian. “We are also confident that by lending their talents to help support our strategic focus on credit union customers through the increased provisions of new solutions, including Clayton products and services, Radian will be positioned to enjoy ever stronger market share in this important business segment.”

Promoted to credit union national account manager for the East Central region, Paul Gawin joined Radian in 2008 as director, regional new business development with sales responsibilities for a seven-state region including Ohio and Kentucky. With 33 years spent in the mortgage finance industry in a variety of executive positions including with Freddie Mac, Principal Residential Mortgage and GE Mortgage Insurance, Paul obtained his finance degree from the University of Illinois and is a Certified Mortgage Banker (CMB).

With 35 years in the business, David Shuart was promoted to credit union national account manager for the Southwest Central region. David joins the credit union team from his position as Director of the Radian’s regional new business development team for which he specifically focused on developing new business opportunities in Arizona, Oklahoma, New Mexico, and Texas since 2011. He is a Certified Mortgage Banker (CMB) with the Mortgage Bankers Association of America and a graduate of the School of Mortgage Banking. David holds bachelors in Commerce and Business from Rider University.

“Given their strong networks of regional relationships across their territories and deep knowledge of the mortgage finance business, we are confident Paul and David will be highly successful in expanding Radian’s service and commitment to its credit union and trade association customers,” said Mike Dziuba, Radian senior vice president of business development.

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