Radian Group Inc. is a credit enhancement

Credit enhancement

Credit enhancement is a key part of the securitization transaction in structured finance, and is important for credit rating agencies when rating a securitization. The credit crisis of 2007-2008 has discredited the process of credit enhancement of structured securities as a financial practice as...

 company, offering mortgage insurance

Mortgage insurance

Mortgage insurance is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer...

, financial guaranty insurance for public finance, asset-backed

Asset-backed security

An asset-backed security is a security whose value and income payments are derived from and collateralized by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets that are unable to be sold individually...

 and structured finance

Structured finance

Structured finance is a broad term used to describe a sector of finance that was created to help transfer risk and avoid lawsStructured finance is a broad term used to describe a sector of finance that was created to help transfer risk and avoid laws...

 transactions, reinsurance

Reinsurance

Reinsurance is insurance that is purchased by an insurance company from another insurance company as a means of risk management...

 and other financial services. Radian is the third-largest publicly traded mortgage insurer in the United States.

The company is headquartered in Philadelphia, with operations in New York City

New York City

New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

, London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 and Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

.

It generates nearly one-third of its net income from non-mortgage insurance businesses.

The company's key executives are S.A. Ibrahim (chief executive officer

Chief executive officer

A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 of Radian Group), Rick Altman (Chief Admin Officer Admin/HR), David Beidler (President

President

A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

 Radian Asset), Teresa Bryce (President

President

A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

 MI Operations), Lawrence DelGatto (EVP

EVP

The abbreviation EVP may refer to:* Executive Vice President, an officer in government or business who is next in rank below a president.* The Estonian Left Party , a political party...

 Information Technology), Rick Gillespie (SVP

SVP

The abbreviation SVP may refer to:In science and mathematics:* Saturation vapor pressure, the partial pressure of water vapor in the atmosphere when measured above a flat surface...

 MI Operations), Edward Hoffman (SVP

SVP

The abbreviation SVP may refer to:In science and mathematics:* Saturation vapor pressure, the partial pressure of water vapor in the atmosphere when measured above a flat surface...

 Legal), Bob Quint (EVP

EVP

The abbreviation EVP may refer to:* Executive Vice President, an officer in government or business who is next in rank below a president.* The Estonian Left Party , a political party...

 Finance), James Sookiasian (SVP

SVP

The abbreviation SVP may refer to:In science and mathematics:* Saturation vapor pressure, the partial pressure of water vapor in the atmosphere when measured above a flat surface...

 Admin/HR), and Scott Theobald (EVP

EVP

The abbreviation EVP may refer to:* Executive Vice President, an officer in government or business who is next in rank below a president.* The Estonian Left Party , a political party...

Risk Management).
The company has over 1,000 employees.