PHILADELPHIA, March 27 /PRNewswire-FirstCall/ -- Radian Guaranty Inc., a
provider of mortgage insurance and subsidiary of global credit risk management
company Radian Group Inc. (NYSE: RDN), today announced that Christopher G.
Curran has joined the company as senior vice president - Capital Markets. In
this position, Mr. Curran will oversee Radian's growing capital markets
business channel. His responsibilities will include identifying, developing
and implementing credit enhancement solutions for non-prime mortgage
originators and securities firms as well as leveraging Radian's financial
guaranty expertise to manage Radian and its customers' mortgage risk.
Mr. Curran brings over 18 years of financial services experience to Radian
and since 1993 has served in several high-level positions within Advanta Corp.
and JPMorgan Chase. Most recently, Mr. Curran has served as vice president of
Investor Relations for Advanta. Mr. Curran previously served as vice
president of Advanta Mortgage, prior to Advanta's 2001 sale of its mortgage
operations to Chase where he served as senior vice president of Chase Home
Finance. In his mortgage roles, Mr. Curran spearheaded a number of
initiatives including developing and managing best execution secondary
marketing strategies, correspondent pool and bulk acquisition transactions and
structures, risk management and valuation processes for both mortgage
servicing rights and non-prime residuals, hedging strategies and the execution
of net interest margin (NIM) transactions.
"Chris is an accomplished, successful professional with deep knowledge in
the industry," said Mark Casale, president - Radian Guaranty. "I am confident
and enthusiastic about Chris' ability to grow this important business
channel."
Mr. Curran earned his B.S. degree from La Salle University and is a member
of the American Institute of Certified Public Accountants.
About Radian Group
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,
+1-215-231-1674, email: mona.zeehandelaar@radian.biz; or For the
media - Corporate Communications - +1-888-NEWS-520, email:
media@radian.biz
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