Radian Group

Radian Group Inc. is a prominent provider of mortgage and real estate services in the United States, operating through two main segments: Mortgage Insurance and Services. The Mortgage Insurance segment focuses on delivering credit-related insurance coverage, primarily through private mortgage insurance for residential first-lien mortgage loans, catering to various lending institutions, including mortgage bankers, commercial banks, and credit unions. In addition, the Services segment offers a range of mortgage-related services, including transaction management, loan review, securitization of residential mortgage-backed securities, and distressed asset evaluations. It also provides real estate services such as asset management, valuation, and brokerage, alongside title services that encompass title insurance and closing services. Radian is committed to promoting homeownership while assisting lenders in managing default-related risks, with insurance premiums constituting a significant portion of its revenue. Founded in 1977 and headquartered in Philadelphia, Pennsylvania, Radian continues to support clients and investors in navigating the complexities of the mortgage and real estate markets.

Chris Drazan

Founder and Managing Partner

Preston James

SVP Operations

Sumita Pandit

CFO, Senior Executive Vice President

Rick Thornberry

CEO

5 past transactions

Covered Insurance

Corporate Round in 2020
Covered Insurance Solutions, Inc. operates a web-based marketplace that facilitates the purchasing of insurance for consumers. Founded in 2016 and based in Denver, Colorado, the company provides a platform where users can compare and shop for home and auto insurance from various carriers. This service aims to simplify the insurance buying process, allowing consumers to quickly find and secure the coverage they need. Additionally, the platform supports mortgage originators by streamlining the insurance acquisition process, enabling them to close deals more efficiently.

Five Bridges

Acquisition in 2019
Five Bridges Advisors LLC, founded in 2008 and based in Bethesda, Maryland, specializes in mortgage analytics and advisory services for various market participants. The firm provides a web-based portal called Javelin, enabling clients to manage portfolios, conduct analytics, order collateral valuations, and assess risk. In addition to its software solutions, Five Bridges offers advisory services in capital markets, valuation, compliance, and real estate, along with a range of data and analytics services. These include mortgage default management, mortgage origination solutions, property information, and real estate analytics. The company serves diverse markets, including capital, government, real estate, legal, origination, compliance, and servicing. In January 2019, Five Bridges was acquired by Radian Group Inc.

Independent Settlement Service

Acquisition in 2018
Independent Settlement Services, LLC, established in 2005 and based in Pittsburgh, Pennsylvania, specializes in providing property appraisal and title management services tailored for the real estate finance industry. As a subsidiary of Red Bell Real Estate, LLC since 2018, the company offers a wide range of services including mortgage filings, document recording, document preparation, forensic reviews, automated valuation models, property inspections, deed reporting, notary closings, and commercial property appraisals. Independent Settlement Services is committed to delivering exceptional service while adhering to the highest standards of compliance and quality. By leveraging advanced technology, a skilled workforce, and a robust vendor network, the company effectively meets the needs of mortgage originators, servicers, quality control firms, and due diligence companies, emphasizing a dedication to adding value for its clients.

Radian Title Insurance

Acquisition in 2018
Radian Title Insurance, headquartered in Stamford, Connecticut, is the parent company of EnTitle Insurance Company, which operates as the first direct-to-consumer title insurance provider in the United States. This innovative approach allows customers to purchase title insurance directly, resulting in significant cost savings. The company utilizes the ENTITLE DIRECT website as its primary distribution channel, streamlining the process for consumers seeking title insurance solutions. Through its focus on direct engagement with customers, Radian Title Insurance aims to enhance the efficiency and accessibility of title insurance services in the market.

Clayton Holdings

Acquisition in 2014
Clayton Holdings offers a range of analytics, consulting, and outsourcing services tailored for the mortgage and investment sectors. The company specializes in transaction management, including due diligence and professional staffing, while also providing compliance products and consulting services. Additionally, Clayton supports mortgage-backed security underwriters, issuers, and investors through credit risk management and surveillance services. By delivering transparency and expertise, Clayton aims to assist clients in successfully navigating mortgage transactions, managing their portfolios, and optimizing their operations.
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