Radian Names Jeff Tennyson President of Clayton
August 25 2016 - 6:30AM
Business Wire
Radian Group Inc. today announced the appointment of Jeff
Tennyson as president of Clayton Holdings LLC (Clayton), Radian’s
principal mortgage and real estate services business. Tennyson has
served as interim president of Clayton since March 2016, with
responsibility for the overall operating results of Clayton’s
business lines.
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Jeff Tennyson, President, Clayton (Photo:
Business Wire)
“With his in-depth understanding of the business and first-rate
management capabilities, Jeff has proven an invaluable leader at
Clayton,” said S.A. Ibrahim, Radian’s Chief Executive Officer. “As
interim president over the past several months and chief operating
officer before that, he has steered Clayton and its family of
companies forward, and we remain very excited about the company’s
future under Jeff’s leadership.”
With more than 30 years of experience in the financial services
industry, Tennyson joined Clayton from his post as chief operating
officer of B2R Finance, L.P., a leading provider of residential
buy-to-rent mortgages for property investors. Prior to B2R Finance,
Tennyson was the chief executive officer and chairman of Strategic
Lending Group and managing director of Strategic Growth Bank. From
1997 to 2009, Tennyson served as chairman and chief executive
officer of EquiFirst Corporation, a national non-agency mortgage
lender and subsidiary of Barclays. Tennyson is a Certified Public
Accountant and earned a BBA from Harding University and an MBA from
Harvard Business School.
“I’m honored to lead the Clayton companies as we grow and
provide valuable business solutions to our mortgage clients,” said
Jeff Tennyson. “Clayton’s industry leading reputation and
best-in-class professionals across the globe create a dynamic
partnership with our parent company, Radian.”
Clayton Holdings, a premier provider of mortgage and real estate
market risk management solutions including risk-based analytics,
residential loan due diligence, consulting, surveillance and
valuation solutions, was acquired by Radian Group Inc. in June
2014. Tennyson joined Clayton in February 2015 as chief operating
officer and has been responsible for the company’s U.S. business
units including: Transaction Management, Consulting, Surveillance,
Green River Capital, RedBell Real Estate and ValuAmerica. For more
information, please visit www.clayton.com.
ABOUT RADIAN
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia,
provides private mortgage insurance, risk management products and
real estate services to financial institutions. Radian offers
products and services through two business segments:
- Mortgage Insurance, through its
principal mortgage insurance subsidiary Radian Guaranty Inc. This
private mortgage insurance protects lenders from default-related
losses, facilitates the sale of low-downpayment mortgages in the
secondary market and enables homebuyers to purchase homes more
quickly with downpayments less than 20%.
- Mortgage and Real Estate
Services, through its principal services subsidiary Clayton, as
well as Green River Capital, Red Bell Real Estate and ValuAmerica.
These solutions include information and services that financial
institutions, investors and government entities use to evaluate,
acquire, securitize, service and monitor loans and asset-backed
securities.
Additional information may be found at www.radian.biz.
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version on businesswire.com: http://www.businesswire.com/news/home/20160825005136/en/
Radian Group Inc.Emily Riley,
215-231-1035emily.riley@radian.biz
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