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Radian Group Announces Leadership Changes in Mortgage Insurance
Company Announcements

Radian Group Announces Leadership Changes in Mortgage Insurance

Story Highlights
  • Derek V. Brummer will retire as President of Mortgage Insurance at Radian Group in July 2025.
  • Sumita Pandit, current CFO, will assume the role of President and CFO, enhancing Radian’s strategic goals.
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The latest announcement is out from Radian Group ( (RDN) ).

Radian Group announced that Derek V. Brummer, President of Mortgage Insurance, will retire on July 3, 2025, after 23 years with the company. Sumita Pandit, the current CFO, will succeed him, overseeing the mortgage insurance business alongside her CFO responsibilities. Pandit, with extensive experience in fintech and investment banking, joined Radian in 2023 and is expected to continue the company’s strategic goals and enhance stakeholder value.

More about Radian Group

Radian Group is a key player in the mortgage and real estate services industry, offering products such as mortgage insurance and a range of mortgage, risk, real estate, and title services. The company focuses on empowering housing and capital market participants with confidence through innovative services and technologies.

YTD Price Performance: -4.14%

Average Trading Volume: 1,153,013

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.56B

For detailed information about RDN stock, go to TipRanks’ Stock Analysis page.

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