| | Business Summary | | Radian
Group,
Inc.
provides
private
mortgage
insurance
coverage
in
the
United
States
on
residential
mortgage
loans.
The
Company
performs
its
business
through
its
principal
operating
subsidiaries,
Radian
Guaranty
Inc.
and
Amerin
Guaranty
Corp.
Private
mortgage
insurance
protects
mortgage
lenders
and
investors
from
default
related
losses
on
residential
mortgage
loans
made
primarily
to
homebuyers
who
make
downpayments
of
less
than
20%
of
the
home's
purchase
price.
Private
mortgage
insurance
also
facilitates
the
sale
of
such
mortgage
loans
in
the
secondary
mortgage
market,
principally
to
Freddie
Mac
and
Fannie
Mae. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Radian
Group,
Inc.,
through
its
wholly
owned
subsidiaries,
Radian
Guaranty
Inc.
and
Amerin
Guaranty
Corporation,
provides
private
mortgage
insurance
coverage
in
the
United
States
on
residential
mortgage
loans.
For
the
six
months
ended
6/01,
total
revenues
rose
49%
to
$445.4
million.
Net
income
applicable
to
Common
rose
44%
to
$171.2
million.
Results
reflect
growth
from
the
core
mortgage
insurance
business
and
acquisitions,
partially
offset
by
higher
operating
costs. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Frank Filipps, 52
Chairman,
CEO | $1.3M | Roy Kasmar, 44
Pres,
COO, Director | 950K | C. Robert Quint, 40
Exec.
VP, CFO | 488K | Albert Will, 44
Exec.
VP, Operations | 428K | Howard Yaruss, 41
Sr.
VP, Sec., Gen. Counsel | 325K | | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/r/rdn.gif)