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06/29/2012

Radian Strengthens Support for Credit Union and Community Bank Customers

Specialized Teams to be Led by Kristi Helmlinger and Jennifer Plagens

PHILADELPHIA--(BUSINESS WIRE)--Jun. 29, 2012-- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), today announced an enhanced support structure for all credit union and community bank customers. This new approach includes a specialized team for each segment with one dedicated team leader, increased participation and visibility at industry conferences, and improved support of key credit union and community bank associations and trade organizations.

Jennifer Plagens, AVP and Community Bank Team Lead (Photo: Radian Group Inc.)

Jennifer Plagens, AVP and Community Bank Team Lead (Photo: Radian Group Inc.)

As a part of this enhanced strategy, Radian has announced the appointment of Kristi Helmlinger as assistant vice president, credit union lead and Jennifer Plagens as assistant vice president, community bank lead.

“At Radian, we strive to surpass the industry standard for building strong relationships with our credit union and community bank customers,” stated Tony Bruschi, Radian’s vice president of new business development. “Kristi and Jen are knowledgeable about the unique needs of these customers, and will advocate on their behalf making sure they get the best that Radian has to offer.”

According to Bruschi, Radian’s strategy relies first and foremost on an in-depth understanding of the credit union and community bank industries, which Radian has gained over many years of serving those industries. Radian also actively participates in various industry events, and maintains solid partnerships with industry associations including CUNA Lending and ACUMA for credit unions, and the ABA and ICBA for community banks.

Radian conducts business with over 220 credit unions and 350 community banks nationwide.

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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50327862&lang=en

Source: Radian Group Inc.

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