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03/21/2012

Radian Guaranty Strengthens Sales Team to Support Growing Customer Base

Radian Adds Three Mortgage Industry Professionals to Team

PHILADELPHIA--(BUSINESS WIRE)--Mar. 21, 2012-- Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), today announced the addition of three industry veterans to strengthen its sales team and broaden the company’s reach. Rhiannon Bolen will be based in Dallas, Texas and will serve the Southern region as a regional account manager. Darlene Lee will be based in San Diego, California and will cover the Southern California area as a senior account manager. Dave Miller, an Indiana native, will represent Radian in Indiana, Kentucky and Cincinnati, Ohio as a senior account manager.

Bolen is a regional account manager for Radian, which represents a strategy designed to better support large regional customers. Prior to joining Radian, Bolen was a top producing sales professional at another private mortgage insurer for 10 years. Bolen, who is a former president of the Dallas Mortgage Bankers Association, has been recognized with a variety of awards throughout her career, including an award for putting her customers first and multiple awards for sales performance.

Darlene Lee, senior account manager, has over a decade of experience in the mortgage banking industry, having most recently served as an account executive in the Western region for CitiMortgage, Inc. In that role, Lee was responsible for growing relationships with correspondent lenders and brokers in Southern California and Hawaii. Prior to that, Lee held a variety of roles at Windsor Capital Mortgage Corporation, including banking operations manager and closing coordinator.

Senior Account Manager Dave Miller is a seasoned industry veteran with nearly 30 years of experience in mortgage banking and mortgage insurance. Before joining Radian, Miller worked at US Bank Home Mortgage, where he was the national wholesale and correspondent account executive serving Indiana and Kentucky. Prior to that, Miller held a variety of key sales and operations roles at LandAmerica Lender Services and Mortgage Credit Services. Miller also served for 12 years in the sales organization of another private mortgage insurance company. Miller is currently on the Board of Directors for the Indianapolis Mortgage Bankers Association, and is a past president of the Association.

"We’re excited to expand our team with these key industry executives,” said Brien McMahon, Radian’s chief franchise officer and head of sales. “Our customers – both those who have been with us for years and those who have recently partnered with Radian – have shown us a great deal of loyalty and confidence. That’s why it’s important that we always provide our customers with the support they need to compete effectively. Partnering with customers to support their success will be the top priority of Rhiannon, Darlene and Dave.”

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance and related risk management 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.

Source: Radian Group Inc.

Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com