Our History

Radian began securing the foundation of American homeownership more than 40 years ago.

The Radian group of companies are separately capitalized but share a unified strategic focus. Our roots formed in 1977 with the founding of our predecessor company, CMAC. In 1992, CMAC went public, then merged with Amerin in 1999 to form Radian. Today, Radian provides private mortgage insurance and related risk management products and services to mortgage lenders nationwide, and employs nearly 1,800 associates. Radian offers products and services through two business segments:

  • Mortgage Insurance, through its principal mortgage insurance subsidiary Radian Guaranty Inc. This private mortgage insurance protects lenders from default-related losses and enables homebuyers to purchase homes more quickly with downpayments less than 20%.
  • Mortgage and Real Estate Services, through Green River Capital, Radian Title Insurance Inc., Red Bell Real Estate and Radian Settlement Services. These solutions include information and services that financial institutions, investors and government entities use to evaluate, acquire, securitize, service and monitor loans and asset-backed securities.


A Strong Foundation for Growth

Here is a timeline of events in Radian's history.

Date Description


Radian acquires Five Bridges Advisors, LLC, a renowned developer of proprietary software, data analytics and predictive models leveraging artificial intelligence, machine learning and traditional econometric techniques.


Radian acquires Independent Settlement Services, a national appraisal and title management services company offering proprietary disruptive technology.


Radian acquires Entitle Direct Group, Inc., a national title insurance and settlement services company.


Clayton Holdings LLC, a subsidiary of Radian, acquires ValuAmerica Inc. a title agency and appraisal management firm. In 2019, ValuAmerica was renamed Radian Settlement Services Inc.


Clayton Holdings LLC, a subsidiary of Radian, acquires Salt Lake City based Red Bell Real Estate, LLC, a national company that offers superior technology-based valuation solutions.


Radian announces PMIERs Compliance.


Radian and AREAA form exclusive partnership to help lenders better serve Asian American homebuyers.


Radian launches MortgageAssure - a unique program to boost secure homeownership with job loss protection insurance.


Radian sells its financial guaranty insurance subsidiary, Radian Asset Assurance Inc., to Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd.


Radian introduces enhanced master policy to offer 12-month rescission relief to lending partners.


Radian acquires Clayton Holdings LLC, including ownership interests in Green River Capital LLC and EuroRisk.


Radian and NAREB form exclusive partnership to help lenders better serve African American homebuyers.


Radian earns position as largest MI company and achieves net operating profitability.


Radian and NAHREP form exclusive partnership to help lenders in the growing Hispanic market.


Radian introduces first-ever MI rate quote App, Radian Rates, to make doing business on-the-go quick and convenient.


Radian's first Customer Advisory Panel is formed to gather insight.


Radian continues to expand sales team to serve growing customer base.


Radian increases focus and resources on its core mortgage insurance business.


Radian discontinues writing new financial guaranty business.


Teresa Bryce Bazemore appointed President of Radian Guaranty.


Radian and MGIC announce and ultimately terminate plans to merge and form MGIC Radian Financial Group. 


Radian establishes presence in Australia.


Radian forms relationship with Standard Chartered Bank (Hong Kong) Limited.


Mortgage industry veteran S.A. Ibrahim joins Radian as Chief Executive Officer.


Radian receives authorization by the U.K.'s Financial Services Authority to create subsidiary, Radian Financial Products Limited.


Principal operating entities unite under the Radian brand. 


Radian acquires Enhance Financial Services Group, including ownership interests in C-BASS and Sherman Financial. 


CMAC and Amerin merge, forming Radian and its MI subsidiary.


CMAC goes public.


Commonwealth Mortgage Assurance Company (CMAC), Radian's predecessor company, is founded.