PHILADELPHIA--(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.
“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.
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.