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03/16/2011

Radian Guaranty Launches New Online Home for Credit Union Partners

PHILADELPHIA, Mar 16, 2011 (BUSINESS WIRE) -- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), announced it has launched a new website, http://www.radiancu.biz, designed exclusively for its credit union partners. The site offers relevant information and tools for credit unions, including current rates, online calculators and a calendar of industry events Radian will be attending.

"Radian has been focused on building and strengthening relationships with credit unions for the past several years, and as those relationships have grown, it's become increasingly clear we needed to create an online home specific to a credit union's needs," said Tony Bruschi, vice president of credit union sales at Radian.

In addition to offering information about Radian's MI products, the new website provides credit union customers with:

  • Direct log-in access to MI OnlineSM, the company's web-based MI ordering and servicing system
  • On-demand access to credit union rates and Radian's underwriting guidelines
  • The Radian Decision(R) Calculator, programmed with credit union rates
  • Radian's Rate Finder tool, also programmed with credit union rates
  • A loan amount estimator
  • An archive of Radian Credit Union eBulletins, which are used to announce rate and guideline changes

Continued Bruschi, "Radian understands credit unions are focused on providing outstanding value for their members and making a positive impact in their communities, which is why Welcoming your members home is more than a simple website slogan to us. Radian is working to ensure it's the benefit members experience from our relationship with their credit union and we appreciate the opportunity to promote and preserve the dream of homeownership with these unique lending partners."

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 http://www.radian.com.

SOURCE: Radian Group Inc.

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