Radian Honored with Inaugural MBA Diversity & Inclusion Award
October 25 2016 - 3:00PM
Business Wire
The Mortgage Bankers Association (MBA) today announced its first
annual awards recognizing member companies for their leadership in
diversity and inclusion. Companies were recognized in two different
categories: organizational diversity & inclusion and market
outreach strategies. Radian was honored as an honorable mention in
market outreach strategies.
“At Radian we are deeply committed to helping Americans from all
backgrounds achieve the dream of sustainable homeownership, and we
are honored to receive this recognition of our focus on serving
diverse populations,” said Radian Chief Executive Officer S.A.
Ibrahim. “As our nation’s home buying public continues to become
increasingly diverse, we look forward to working with every
community to help people get a chance to own a home.”
“These awards recognize the importance of embracing a diverse
and inclusive real estate finance industry,” said MBA Chairman
Rodrigo López, CMB, Executive Chairman of NorthMarq Capital and the
previous Chairman of MBA’s Diversity and Inclusion Committee.
“MBA received an overwhelming amount of submissions to our
inaugural awards, and faced a difficult challenge in selecting from
a strong pool of applicants. We are pleased to see so many
companies dedicating resources and efforts towards these important
issues,” López continued.
The Market Strategies award recognizes company initiatives that
are specifically developed and designed to increase outreach,
marketing, and products to attract customers from the industry’s
fastest growing market segments. This award commends the hard work,
dedication, and creativity in the creation of exemplary diversity
and inclusion programs focused on new market outreach.
Company initiatives were scored by two groups of judges
consisting of members of MBA’s Diversity and Inclusion Committee
and MBA staff. The companies were scored based on: the quality of
their overall submission; identification of a target audience and
annual goals; demonstration of a tangible benefit to participants
and the overall enterprise; replicability of the program;
innovative program approaches; and program success in broadening
the culture of the organization through the values of diversity and
inclusion.
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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RadianEmily Riley, 215-231-1035emily.riley@radian.bizorMBAAli
Ahmad, 202-557-2727aahmad@mba.org
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