PHILADELPHIA, March 1 /PRNewswire-FirstCall/ -- Radian Group Inc.
(NYSE: RDN), a global credit risk management company, today announced the
appointment of Mark A. Casale as President of Radian Guaranty Inc., its
principal mortgage insurance subsidiary. Mr. Casale, 41, will continue to lead
the company's mortgage insurance business in the United States.
Mr. Casale most recently served as Executive Vice President, Mortgage
Insurance. Prior to that, he was Senior Vice President, Capital Markets,
responsible for developing credit enhancement solutions for non-prime mortgage
originators and securities firms. He also managed the company's partnerships
with Credit-Based Asset Servicing and Securitization (C-BASS) and Sherman
Financial Group, leading financial services companies in which Radian has
strategic investments, and for which he serves as a member of each
organization's Board of Managers.
About Radian Group Inc.
Radian Group Inc. is a global credit risk management company headquartered
in Philadelphia with significant operations in both New York and London.
Radian develops innovative financial solutions by applying its core mortgage
credit risk expertise and structured finance capabilities to the credit
enhancement needs of the capital markets worldwide, primarily through credit
insurance products. The company also provides credit enhancement for public
finance and other corporate and consumer assets on both a direct and
reinsurance basis and holds strategic interests in active credit-based
consumer asset businesses. Additional information may be found at
http://www.radian.biz.
SOURCE Radian Group Inc.
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Related links: http://www.radian.biz
CONTACT: For investors - Mona Zeehandelaar, Radian Group, +1-215-231-1674, email: mona.zeehandelaar@radian.biz; or For the media - Radian Group Corporate Communications, +1-888-NEWS-520, email: media@radian.biz
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