Radian Names Jeff Tennyson President of Clayton
PHILADELPHIA--(BUSINESS WIRE)--Aug. 25, 2016--
Radian Group Inc. today announced the appointment of Jeff Tennyson as
president of Clayton Holdings LLC (Clayton), Radian’s principal mortgage
and real estate services business. Tennyson has served as interim
president of Clayton since March 2016, with responsibility for the
overall operating results of Clayton’s business lines.
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Jeff Tennyson, President, Clayton (Photo: Business Wire)
“With his in-depth understanding of the business and first-rate
management capabilities, Jeff has proven an invaluable leader at
Clayton,” said S.A. Ibrahim, Radian’s Chief Executive Officer. “As
interim president over the past several months and chief operating
officer before that, he has steered Clayton and its family of companies
forward, and we remain very excited about the company’s future under
Jeff’s leadership.”
With more than 30 years of experience in the financial services
industry, Tennyson joined Clayton from his post as chief operating
officer of B2R Finance, L.P., a leading provider of residential
buy-to-rent mortgages for property investors. Prior to B2R Finance,
Tennyson was the chief executive officer and chairman of Strategic
Lending Group and managing director of Strategic Growth Bank. From 1997
to 2009, Tennyson served as chairman and chief executive officer of
EquiFirst Corporation, a national non-agency mortgage lender and
subsidiary of Barclays. Tennyson is a Certified Public Accountant and
earned a BBA from Harding University and an MBA from Harvard Business
School.
“I’m honored to lead the Clayton companies as we grow and provide
valuable business solutions to our mortgage clients,” said Jeff
Tennyson. “Clayton’s industry leading reputation and best-in-class
professionals across the globe create a dynamic partnership with our
parent company, Radian.”
Clayton Holdings, a premier provider of mortgage and real estate market
risk management solutions including risk-based analytics, residential
loan due diligence, consulting, surveillance and valuation solutions,
was acquired by Radian Group Inc. in June 2014. Tennyson joined Clayton
in February 2015 as chief operating officer and has been responsible for
the company’s U.S. business units including: Transaction Management,
Consulting, Surveillance, Green River Capital, RedBell Real Estate and
ValuAmerica. For more information, please visit www.clayton.com.
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:
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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%.
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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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160825005136/en/
Source: Radian Group Inc.
Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com
