Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), today announced that it is expanding its team to include four seasoned mortgage and mortgage insurance industry professionals to provide increased support to its growing customer base. Dan Bayer, Rhys Nevarez and David Davis join the company’s sales team, while Robert Mullins is appointed vice president of underwriting. With more than 20 years experience in the mortgage industry, Dan Bayer will serve as Radian’s national account manager based out of Northern California. Prior to joining Radian, Bayer held a number of sales leadership roles in the mortgage lending industry. Bayer is a Certified Mortgage Banker (CMB), a graduate of the MBA Future Mortgage Leaders program and an Accredited Mortgage Professional (AMP). Rhys Nevarez joins Radian as a senior account manager covering Los Angeles, Santa Barbara and Ventura Counties in California. With more than 10 years of experience in the financial services sector, Rhys has served in a variety of sales roles at well-known mortgage lenders including Mortgage Services III, and IndyMac Bank. David Davis, who will serve as a director of regional new business development at Radian, will be responsible for developing new relationships in the Midwestern United States. Having spent more than 20 years in the mortgage and mortgage insurance industries serving this market, Davis will drive new business for Radian. “Radian is excited to add these exceptional sales professionals to our growing team,” stated Brien McMahon, Radian’s chief franchise officer and head of sales. “All three have had impressive records of success in the mortgage and mortgage insurance industries and we’re proud to have them on board. In adding to our sales team, Radian is better equipped than ever before to meet the demand of an expanding lending market and provide our customers with the high level of service they expect from Radian. During these last few years, Radian has shown our commitment to our business and our customers by continuing to invest in our sales and customer support capabilities."
Radian is also enhancing its operations team with the addition of Robert Mullins, who will serve as Radian’s vice president of underwriting. In this role, Mullins will lead all MI and contract underwriting efforts, developing and implementing the strategy, plans for process improvement and various underwriting solutions. Prior to Radian, Mullins spent 24 years at General Electric and Genworth Financial, where he was most recently the chief operating officer for Genworth Financial’s Australian operations.“We’re pleased to have Bob join the Radian team in this important role,” stated Rick Altman, Radian’s chief operating officer. “With his vast experience and industry knowledge, Bob is the perfect person to lead our underwriting operations. Radian has a reputation for strength and service, and I know Bob will contribute a great deal by continuing to focus on fulfilling our customers’ underwriting needs and exceeding their service delivery expectations.” 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.