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03/10/2014

Radian Executives to Discuss the Future of Housing Finance and Mortgage Insurance

PHILADELPHIA--(BUSINESS WIRE)--Mar. 10, 2014-- Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., announced today that its president, Teresa Bryce Bazemore, will be participating in the industry leaders’ panel at the 31st Annual Regional Conference of Mortgage Bankers Associations in Atlantic City on Wednesday, March 12, 2014. Radian Guaranty’s senior vice president and general counsel, Tim Hunter, will be participating in a panel discussion on compliance at the conference.

“With their extensive industry experience and expertise, Teresa and Tim continue to provide thought leadership for Radian in working with leaders in both the mortgage industry and government regarding the future of housing finance and the role of private capital in creating sustainable homeownership,” said S.A. Ibrahim, Radian’s chief executive officer.

Ms. Bazemore’s discussion will provide insight into the current marketplace and how it may be impacted by the new Consumer Financial Protection Bureau (CFPB) regulations. Mr. Hunter’s discussion will highlight the state of compliance in the mortgage industry and the challenges facing lenders and mortgage insurers - both private companies and governmental agencies. He will also talk about the requirements for the new master policies for all private mortgage insurers.

“At Radian, our goal is to continue to play a key role in developing a robust and durable housing finance system,” said Ms. Bazemore. “The new master insurance policies will provide both originators and servicers with more clarity on coverage terms and promote greater efficiency in the private mortgage insurance business.”

To learn more about the 31st Annual Regional Conference of Mortgage Bankers Associations, visit: http://www.eventsmbanj.net/

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-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