News

06/03/2009

Radian Guaranty Expands Local Market Sales Force

PHILADELPHIA--(BUSINESS WIRE)--Jun. 3, 2009-- Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc. (NYSE:RDN), announced today that it has completed the expansion of its sales force with the addition of 13 local account managers. The new hires are based in strategically located regions throughout the United States – including Alaska – making Radian the only mortgage insurer with a local sales presence in that state.

“The continued expansion of our sales force demonstrates Radian’s commitment to building and strengthening relationships with clients at the local level,” said Mike Dziuba, senior vice president of field sales at Radian. “The newest additions to our sales team bring with them mortgage industry experience and local market expertise, an ideal combination that enhances our ability to offer superior customer service.”

New account managers will be responsible for maintaining relationships with local clients in their assigned territories, as well as developing new business opportunities. The hires include:

• Tim Allen: Account Manager (Mississippi and Alabama)
• Cassaundra (Cassie) Brenden, three years of mortgage experience: Account Manager (Minnesota, Minneapolis, North Dakota and South Dakota)
• Carey Buckley, 17 years sales experience: Account Manager (Connecticut and Western/Central Massachusetts)
• Phyllis Cox, 23 years of sales experience: Account Manager (Hawaii)
• Brooke Keitel, seven years of mortgage experience: Account Manager (Oregon and Southern Washington)
• Pamela Ormsby-Ripley, 29 years of sales experience: Account Manager (Houston, Texas)
• Laureen Potter, more than 20 years of sales experience: Account Manager (Western and Central Pennsylvania)
• Stephan Poulson, eight years of mortgage experience: Account Manager (Southern California)
• Ray Rodriquez, 15 years of sales experience: Regional Account Manager (New York, Vermont and Northern New Jersey)
• Bryan Setlik, 14 years of sales experience: Account Manager (Iowa and Nebraska)
• Shari Spiess, more than 25 years of sales experience: Account Manager (Washington)
• Kellie Steger, more than 20 years of sales experience: Account Manager (Virginia)
• Michelle Weiss, 12 years of sales experience: Account Manager (Alaska)

In addition, Karla Martinet, a 15-year member of Radian’s sales force, will move from her current post in Southern California to Dallas, Texas, serving as Regional Account Manager for the company’s Texas team beginning June 1, 2009.

About Radian

Radian Group Inc. (NYSE:RDN), headquartered in Philadelphia, provides private mortgage insurance and related risk management products and services to mortgage lenders nationwide through its principal operating subsidiary, Radian Guaranty Inc. These services help promote and preserve homeownership opportunities for homebuyers, while protecting lenders from default-related losses on residential first mortgages and facilitating the sale of low-downpayment mortgages in the secondary market. Additional information may be found at www.radian.com.

Source: Radian Group Inc.

Radian Group Inc.
Rick Gillespie, 215-231-1061
rick.gillespie@radian.com
or
Emily DiTomo, 610-649-9292
emily@buchananpr.com