Radian Appoints Dr. Clifford Rossi as Chief Economist
PHILADELPHIA--(BUSINESS WIRE)--Feb. 23, 2015--
Radian Group Inc. (NYSE: RDN) today announced the appointment of Dr.
Clifford Rossi as senior vice president and chief economist.
Dr. Clifford Rossi, SVP, Chief Economist, Radian (Photo: Business Wire)
In this position, Dr. Rossi is responsible for research, forecasts,
quantitative analysis and financial modeling of Radian’s mortgage
insurance portfolio and the housing and mortgage markets.
“We are delighted to have someone of Cliff’s caliber and depth of
experience for this role,” said S.A. Ibrahim, chief executive officer,
Radian Group Inc. “Cliff is a sought after expert in the mortgage
industry. His thought-leadership and expertise will provide valuable
insights for the benefit of our clients and broader market while
allowing Radian to enhance its capabilities and tools.”
“Cliff brings extensive experience in both the public and private sector
and a wealth of financial services knowledge to Radian,” said Teresa
Bryce Bazemore, president, Radian Guaranty Inc. “In the past, we have
benefitted from his valuable insights and we are pleased that he now
joins us in a formal capacity as our new chief economist.”
Dr. Rossi is an Executive-in-Residence and Professor of the Practice at
the Robert H. Smith School of Business, University of Maryland, a
position that he plans to continue while serving at Radian. Prior to
entering academia, Dr. Rossi had nearly 25 years' experience in banking
and government, having held senior executive roles in risk management at
several of the largest financial services companies. His most recent
position was managing director and chief risk officer for Citigroup's
Consumer Lending Group. Dr. Rossi also held senior risk management
positions at Freddie Mac and Fannie Mae.
Dr. Rossi is the author of The Risk Professional’s
Survival Guide: Applied Best Practices in Risk Management and has
published a weekly column, “Risk Doctor” in American Banker. He
is also a frequent guest on financial television news programs and is
often quoted on financial policy issues in major news dailies. He
received his PhD from Cornell University.
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.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150223005123/en/
Source: Radian Group Inc.
Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com
