Radian Gathers Community Bank Thought Leaders to Host First Annual Advisory Council
PHILADELPHIA--(BUSINESS WIRE)--Oct. 29, 2013--
Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group
Inc., hosted its first annual Community Bank Advisory Council to gain
insight into key issues faced by the community bank industry.
“Radian recognizes the high quality business that community banks
ensure, and we appreciate their focus on giving back to the communities
they serve,” stated Radian’s President Teresa Bryce Bazemore. “We truly
value all of our community bank partners, and want to make sure we are
meeting their unique needs. That’s why we created this special advisory
council from whom we can learn to better align our goals.”
Representatives from more than a dozen community banks attended the
meeting held in Philadelphia on October 8-10. Participants discussed
Radian’s community bank product offerings, and heard legislative and
mortgage industry updates from Teresa Bryce Bazemore and other thought
leaders, including Gary Acosta, Co-founder and CEO, National Association
of Hispanic Real Estate Professionals (NAHREP) and Ron Haynie, Senior
Vice President, Mortgage Finance Policy, Independent Community Bankers
of America.
“I was proud to be included as a part of this effort to identify key
industry issues and define opportunities for growth,” said Pete Mills,
Senior Vice President, Residential Policy and Member Services of the
Mortgage Bankers Association. “The industry is changing as the housing
market recovers, and collaboration is an important step to successfully
navigate challenges that affect community banks specifically.”
Radian introduced this initiative as a part of its business strategy to
provide its community bank customer base with the products and services
that help drive value for their customers.
About Radian
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides
private mortgage insurance and related risk mitigation 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-down payment 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