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TMCNet:  Radian Introduces Version of Mortgage Insurance Rate App for AndroidTM

[January 16, 2013]

Radian Introduces Version of Mortgage Insurance Rate App for AndroidTM

PHILADELPHIA --(Business Wire)--

Radian (News - Alert) Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), today announced the availability of its MI rate finder app, Radian Rates, for Android (News - Alert) devices on Google PlayTM.

The first of its kind in the MI industry, Radian Rates is a mobile version of the company's existing online rate finder and offers lenders on-the-go access for a quick and reliable Radian MI rate.

Just like the iPhone (News - Alert)® and iPad® version launched this past September, app users can simply input loan criteria and the app automatically calculates the MI rate for a variety of Radian products. Backed by the company's published rates and guidelines, Radian Rates was designed for users to check eligibility and compare options to findthe product that best fits their needs.


"We developed Radian Rates as another way to make it quicker and easier for our lending partners to do business with us," said Brien McMahon, Radian's chief franchise officer and head of sales. "Based on the positive feedback from our App StoreSM release, we wanted to expedite a version for Android to ensure we were providing all of our customers with the ability to access our rates in seconds on their smartphone, wherever they are, to better accommodate their busy schedules."

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance and related risk management 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.

Android and Google (News - Alert) Play are trademarks of Google Inc.

iPad and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple (News - Alert) Inc.


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