PHILADELPHIA--(BUSINESS WIRE)--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., has been named Best Mortgage Company for Professional Women by Mortgage WOMEN Magazine. The award was announced and presented during the closing general session of the Mortgage Bankers Association’s inaugural summit on Diversity and Inclusion in Washington, D.C.
“We’ve worked hard to create an environment where women can excel and succeed, so it’s gratifying to be recognized as the best in the industry,” said Teresa Bryce Bazemore, President, Radian Guaranty Inc. “We’re very proud to be setting the standard for the mortgage industry.”
The ranking is based on a survey sent to more than 1,400 financial institutions with mortgage company licenses recognized by the Nationwide Multistate Licensing System & Registry (NMLS).
The Mortgage WOMEN Magazine survey looked at a number of company measures including the percentage of women employees, the percentage of women among top earning executives, and the number of women reporting directly to the CEO. The survey also looked at company policies such as paid maternity leave, paid paternity leave, executive coaching and mentorship opportunities, and flextime availability. The companies that score highest on the survey are listed in Mortgage WOMEN Magazine’s “Top Fifty Mortgage Companies” issue published in November.
“We initiated the survey this year to raise awareness of the issues professional mortgage women face in the workplace and to encourage institutions to adopt the best practices that address these issues and increase workplace productivity and satisfaction,” said Ben Slayton, Publisher of Mortgage WOMEN Magazine. “Radian has been an exemplary leader in this area, so it’s fitting that they are the first company to win this annual recognition.”
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 Holdings LLC, as well as Green River Capital and Red Bell Real Estate. 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.