Radian’s Patrick Harrigan Receives Schumacher-Bolduc Award from Mortgage Bankers Association
PHILADELPHIA--(BUSINESS WIRE)--Dec. 6, 2011--
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian
Group Inc. (NYSE: RDN), announced today that Divisional Vice President
Patrick (P.J.) Harrigan, CMB, has received the Schumacher-Bolduc Award
from the Mortgage Bankers Association (MBA).
Given annually to a mortgage industry professional who demonstrates an
exceptional commitment to MORPAC – the MBA’s voluntary, non-partisan
Political Action Committee (PAC) – the Schumacher-Bolduc Award was named
in honor of Ernest P. Schumacher, founder and first chairman of MORPAC,
and Mark P. Bolduc, for his exemplary service as MORPAC director. MORPAC
is the only PAC that directly represents the interests of the real
estate finance industry in our nation’s political system.
“While serving on the MORPAC Steering Committee over the past few years,
P.J. has worked diligently to create a half dozen company campaigns
among his industry contacts who are MBA members,” said MORPAC Chairman
G. Todd White, CMB, Senior Vice President and Loan Production Manager at
Arvest Mortgage Company. “Due to his exceptional leadership, the
Phoenix-Scottsdale-Mesa area has become a fundraising center for MORPAC
– one that will continue to grow under his tireless advocacy.”
Since joining Radian in August of 2011, Mr. Harrigan has been
responsible for leading the company’s field sales account managers in
Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada,
New Mexico, Oregon, Utah, Washington, and Wyoming. In addition to his
involvement with MORPAC, Mr. Harrigan also serves as chair of the
Mortgage Action Alliance, a grassroots lobbying network of real estate
industry finance professionals affiliated with the MBA.
“I am honored to be the recipient of this year’s Schumacher-Bolduc
Award,” said Mr. Harrigan. “My involvement in the MBA and work with
MORPAC is rewarding in so many ways, especially in helping me stay
connected to the industry, while ensuring the issues important to the
mortgage industry are given a voice in the political arena.”
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.
Emily Riley, 215-231-1035
emily.riley@radian.com
