Radian Announces Strategic Investment in FinLocker to Focus on Delivering a Personalized Data-Driven Journey to Empower Homeownership - Seite 2

“We see great potential in FinLocker’s business, both in its mission and its customer-driven approach, and together we can make homeownership more accessible,” said Eric Ray, Senior Executive Vice President, Chief Digital Officer and Co-Head of homegenius. “We are excited about this investment and the opportunity to offer FinLocker’s services to both Radian and homegenius customers.”

Brian Vieaux, President and Chief Operating Officer, FinLocker, expressed enthusiasm about the investment, stating, “This collaboration with Radian marks a significant milestone in our mission to empower the next generation of mortgage advisors. Our partnership will enhance our capabilities as a trusted source of financial preparation, paving the way for aspiring homebuyers to make informed decisions along their homeownership journey.”

Henry Cason, Chief Executive Officer, FinLocker, added, “Radian is a leader in the mortgage and real estate services industry, and we are thrilled by its support of FinLocker’s unique business offering and execution. We look forward to working with Radian on the next phase of our development and remain committed to our shared goal of helping people realize the dream of affordable and sustainable homeownership.”

About Radian

Radian Group Inc. (NYSE: RDN) is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, title, valuation, asset management and other real estate services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Visit radian.com and homegenius.com to learn more about how Radian and its pioneering homegenius platform are building a smarter future for mortgage and real estate services.

About FinLocker

FinLocker provides a secure financial fitness app that aggregates and analyzes a member’s financial data to offer hyper-personalized journeys that guide users in building and monitoring their credit, managing their financial accounts, budgeting, saving, reducing debt, and improving their mortgage readiness. Consumers can also initiate their property search and store personal and financial documents, which can be securely shared with their loan officer directly from the app to start their loan application. Mortgage lenders, banks, and credit unions white-label FinLocker to attract, assist, and educate members, gain market share, reduce loan processing costs, reduce friction, and create a lifetime of loyalty. For more information, visit FinLocker.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240111043289/en/

The Radian Group Stock at the time of publication of the news with a raise of +0,76 % to 26,40USD on Tradegate stock exchange (10. Januar 2024, 22:26 Uhr).