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08/14/2008

Radian Guaranty Affirms Financial Strength During Second Quarter Customer Call

PHILADELPHIA--(BUSINESS WIRE)--Aug. 14, 2008--Radian Guaranty Inc., a provider of mortgage insurance products and services and subsidiary of Radian Group Inc. (NYSE:RDN), today announced the availability of a replay of a customer conference call which was held August 12.

Teresa Bryce, President of Radian Guaranty, who hosted the call, gave customers the opportunity to learn more about Radian's financial strength and solid position in the current market environment, and provided updates on the company's latest mortgage insurance initiatives. In addition, a summary of the company's second quarter financial results was provided by Radian Group CEO S.A. Ibrahim and CFO Bob Quint.

Replays of the conference call are available through August 26, via phone at 800-475-6701 and program access code of 956178 or via webcast at http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=112301&eventID=1915816.

(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field; remove the extra space if one exists.)

Radian Guaranty Inc. is the mortgage insurance subsidiary of Radian Group Inc. (NYSE:RDN), a global credit enhancement company headquartered in Philadelphia. Radian Guaranty provides risk management products and services to mortgage lenders nationwide; these services increase opportunities for people to buy homes with little or no downpayment, protect lenders from default-related losses on residential first mortgages and facilitate the sale of low-downpayment mortgages in the secondary market. Additional information may be found at http://www.radian.com.

CONTACT: Radian Guaranty Inc.
Rick Gillespie, 215-231-1061
rick.gillespie@radian.com
or
Buchanan Public Relations
Shane M. Swisher, 610-649-9292
shane@buchananpr.com

SOURCE: Radian Guaranty Inc.