News

Read about the progress we’re making across the mortgage and real estate services industry.

04/09/2014

Radian Strengthens Its Commitment to the Hispanic Community

Dedicated account manager to focus on making sustainable homeownership a reality for Latinos

PHILADELPHIA--(BUSINESS WIRE)--Apr. 9, 2014-- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., today announced the addition of Nelson Ramos to its growing sales team. Mr. Ramos brings with him more than 20 years of prior experience in account management and relationship building, and will be focused solely on enhancing Radian’s commitment to the Hispanic community.

Nelson Ramos, account manager, Radian (Photo: Business Wire)

Nelson Ramos, account manager, Radian (Photo: Business Wire)

Mr. Ramos brings a wealth of experience to his role, having served in every stage of the sales and customer support process. Throughout his career, Mr. Ramos has often been recognized as a leader, receiving numerous awards for his sales accomplishments. He served on the board of directors for the Mortgage Bankers Association (MBA) New Jersey chapter, and was the president and founder of the National Association of Hispanic Real Estate Professionals (NAHREP) Tri-State Chapter.

“Radian is proud to have a veteran like Nelson join our team,” said Brien McMahon, Radian’s chief franchise officer. “He has had a long and successful sales career, and in particular, clearly understands the needs of the Hispanic community. His vast experience and customer centric attitude will be a valuable asset to Radian as we broaden our reach within the fastest growing demographic group in America.”

In 2013, Radian signed a two-year strategic partnership with NAHREP. Under the agreement, Radian is developing a nationwide training program that educates NAHREP member agents and lenders about private mortgage insurance through on-demand training, face-to-face sessions, video and interactive webinars so they can, in turn, better inform Hispanic consumers.

“According to the Harvard Joint Center for Housing Studies, Latinos are expected to constitute 40 percent of the 17 million new households formed from 2010 to 2025,” said Mr. Ramos, account manager. “My role is to ensure that the Latino community has the information, tools and resources to realize the dream of homeownership.”

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