Radian Launches Training On New Master Policy

Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., today announced the availability of additional training and resources to help customers get familiar with its new Master Policy, anticipated to become effective on July 1, 2014.

Radian’s 45-minute interactive webinars will discuss what’s new in the Master Policy including Radian’s new rescission relief offerings, and revised reporting requirements. Participants will be able to get answers to their questions in real time from Radian experts. To register for the webinars and view Radian’s training schedule, visit: http://bit.ly/radianwebinars. Customers can also learn more about the new policy by visiting Radian’s dedicated Master Policy webpage: http://www.radian.biz/page?name=MasterPolicy.

“Radian’s training team has a wonderful talent of making complex information simple and easy to understand, and that has helped establish them as the premier training team in the mortgage insurance industry,” said Brien McMahon, Radian’s chief franchise officer. “Our Master Policy webinars will help customers know exactly what’s new and what they need to pay attention to in a concise and succinct manner.”

The webinars will provide details on the new Master Policy, including Radian’s unique offering – Confident Coverage™ – designed to offer customers the ability to opt-in to receive rescission relief on every loan after just 12 months provided it meets the eligibility criteria. Participants will also learn about the detailed roles and responsibilities of critical stakeholders, specific provisions that clarify under what circumstances a policy may be rescinded, as well as comprehensive timeframes for claims processing as listed in the new Master Policy.

“At Radian, our job is to help make our customers successful, and the training team is truly passionate about that,” said Kelli Brookman, assistant vice president of national training for Radian. “In 2013, we trained more than 24,000 customers to help them write more business and surpass their own lending goals.”

Established in 2006, the National Training department is responsible for helping mortgage professionals of all experience levels stay educated and informed. Complimentary training is offered to Radian customers in three format options including in-person, instructor-led webinars and self-directed web-based training covering more than 30 different courses. For more information, visit http://www.radian.biz/page?name=Training

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.

Copyright Business Wire 2010

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