RDN - Conference and earnings call announcements

Mortgage Conduit Securitizes $348.9 million of Residential Real Estate Loans Radian Group Inc. (NYSE:RDN) today announced that its mortgage conduit, Radian Mortgage Capital LLC (RMC), has closed its inaugural prime jumbo securitization, Radian Mortgage Capital 2024-J1. Radian Mortgage Capital 2024-J1 is a $348.9 million securitization of residential real estate loans supported by 359 30-year, fixed-rate mortgage fully amortizing loans. The mortgage pass-through certificates were offered for sale to eligible third-party capital markets investors in an unregistered private offering. At closing, RMC retained an interest in the unregistered certificates. RMC was formed to provide resident

Radian Group Inc. (NYSE:RDN) announced the launch of Radian Mortgage Capital LLC (RMC), a mortgage conduit formed to provide residential mortgage lenders with an additional secondary-market option for high-quality loans and to provide mortgage investors with a trusted, high-quality sponsor. Consistent with Radian's stated strategy, RMC expands the company's capabilities to participate in the mortgage market to aggregate, manage and distribute residential mortgage credit risk. "We view RMC's services as a natural extension of our products, further deepening our relationships across the mortgage ecosystem with mortgage lenders and investors," said Chief Executive Officer Rick Thornberry. "As