Radian Adds Three Veteran Sales Professionals to Support Expanding Customer Base

  Radian Adds Three Veteran Sales Professionals to Support Expanding Customer

Business Wire

PHILADELPHIA -- February 7, 2013

Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group
Inc. (NYSE: RDN), today announced the addition of three mortgage industry
professionals to strengthen its sales team across the Midwest and in
Tennessee. With more than 20 years of experience in the mortgage industry,
Kevin Rice is based in Boise, Idaho and will serve as the senior account
manager covering Idaho; Montana; Spokane, Washington; and Jackson, Wyoming.
Mark Baker will serve as the senior account manager for Tennessee, a territory
he has represented for close to a decade while employed by another private
mortgage insurer. Jim Honeck, who will serve as a director of new business
development for Radian, is responsible for developing new customer
relationships in Illinois, Wisconsin, Minnesota, Iowa and Missouri. Honeck
joins Radian with more than 22 years of experience in the private mortgage
insurance industry.

Prior to joining Radian, Rice was a training consultant for the sales
organization at Wells Fargo Home Mortgage, although he spent the majority of
his 20 year career working in both the retail and wholesale channels for well
known lenders including Clearpoint Funding, Wells Fargo Home Mortgage and
Caliber Funding, LLC.

Having spent much of his career serving the Tennessee area, Baker will pick up
where he left off by nurturing current customer relationships in this state
for Radian.

Before joining Radian, Honeck was employed by another private mortgage
insurer, where he maintained number one market share in his territory for more
than 12 years. Honeck is a member of the Wisconsin Mortgage Bankers
Association and has served as Director of the Northeast Chapter.

“Radian is excited to expand our sales team by adding these seasoned
professionals to our roster…who together bring 60+ years of experience in the
mortgage and mortgage insurance industries to our all-star team,” stated Brien
McMahon, Radian’s chief franchise officer. “In a market that is still
challenging for many, we are very proud of our success over the last year,
where we close to doubled our NIW goal in 2012. We owe our success to our many
loyal lending partners, and it feels great to expand our team to serve them
even better than we do today!”

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


Radian Group Inc.
Emily Riley, 215.231.1035
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