Items Tagged with 'Radian Group'

ARTICLES

  • Radian grows valuations business by acquiring Independent Settlement Services

    Independent Settlement Services will eventually be rebranded
    Radian Group is growing its valuations business, as the company announced Wednesday that it acquired Independent Settlement Services, a national appraisal and title management services company. According to Radian, the acquisition is “consistent with Radian’s growth and diversification strategy,” and the company’s focus on the product offerings of its title, mortgage and real estate services businesses.
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  • Radian announces decrease to mortgage insurance premiums

    Borrowers to save an average 6%
    Radian Group announced a decrease in its overall mortgage insurance premium rates. While some rate types could actually see an increase due to Radian’s changes, the average savings passed on to borrowers will be about 6%. Here’s everything you need to know about the new price changes.
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  • Radian buys direct-to-consumer title insurer Entitle Direct

    Entitle Direct operates in 39 states, plus D.C.
    Over the last few months, Radian Group has restructured its mortgage and real estate services business, which is conducted through its principal subsidiary Clayton Holdings, and Clayton’s subsidiaries: Green River Capital, Red Bell Real Estate, and ValuAmerica. Now, Radian is making another change in its services business by acquiring Entitle Direct Group, a title insurance and settlement services company that specializes in selling title insurance directly to consumers.
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  • Radian shakes up sales team to push for more business

    Adds former MBA Chair David Kittle, former FHLB of Des Moines VP Shelly Schwieso
    Private mortgage insurer Radian Group is making some changes to its sales team as it seeks to increase its market share in the mortgage space. Radian, which also offers risk management products and mortgage and real estate services to financial institutions, announced this week that it "reconfigured its sales team to create a unified focus on selling all Radian products and services."
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  • Former Clayton Holdings execs band together to found new due diligence firm

    New Diligence Advisors backed by Ranieri and Oaktree’s Selene Holdings
    Last year, private mortgage insurer Radian Group announced that it was going restructure its services business, which is conducted through its principal subsidiary Clayton Holdings, due to “recent underperformance below expectations.” Now, three former Clayton executives are partnering up to launch a new due diligence firm that will directly compete with Clayton for business.
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  • Former Clayton President Jeff Tennyson lands at Lima One Capital

    Tennyson will serve as CEO of investor-focused lender
    Former Clayton President Jeff Tennyson has found a new home. Last year, Tennyson’s role was eliminated as part of Radian Group’s restructuring of its principal subsidiary Clayton. Now, just a few months after leaving Clayton, Tennyson is moving on to a senior leadership role at Lima One Capital.
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  • Radian continues restructuring; sells European mortgage services business

    Offloads Clayton EuroRisk to unnamed buyer
    Over the last several months, private mortgage insurer Radian Group has undertaken a restructuring effort in its services business, which is conducted through its principal subsidiary Clayton, and Clayton’s subsidiaries: Green River Capital, Red Bell Real Estate and ValuAmerica. On Wednesday, the company announced the latest move in its restructuring efforts.
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  • Radian restructures services business; Jeff Tennyson out as president of Clayton

    Cites “recent underperformance” of mortgage and real estate services segment
    Earlier this year, Radian Group said that it planned to restructure its services business, which is conducted through its subsidiary Clayton, and Clayton’s subsidiaries: Green River Capital, Red Bell Real Estate and ValuAmerica. At the time, the company did not provide any details, but Radian revealed Wednesday just how significant those structural changes are going to be, including the elimination of the position of president of its services business – meaning that Jeff Tennyson is out as president of Clayton.
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  • Radian: New mortgage insurance written surges 43% in second quarter

    Restructures services business
    Despite recording a net loss for the second quarter, private mortgage insurer Radian Group managed to report a strong quarter for new mortgage insurance written. According to the company’s financial results, new mortgage insurance written surged 43% from the first quarter of 2017 and 11% from the prior-year quarter.
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