Radian Group, Inc. Mergers and Acquisitions


Radian Group, Inc.

1601 Market Street
Philadelphia, PA 19103-2125
United States
Tel:1/215/564-6600
URL: http://www.radianmi.com/
Primary Symbol & Exchange:
RDN - Common Stock - New York Stock Exchange
Industry:
Insurance
Radian Group, Inc. Company Snapshot

Radian Group, Inc. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Radian Group, Inc. M&A History


Goldman Sachs Group Inc acquires Litton Loan Servicing LP from Radian Group Inc Goldman Sachs Group Inc acquires Litton Loan Servicing LP from Radian Group IncDec 10, 2007

US - Goldman Sachs Group Inc (GS) acquired Litton Loan Servicing LP (LL), a provider of loan servicing services, from Credit-Based Asset Servicing & Securitization LLC (CB), a joint venture between Radian Group Inc and MGIC Investment Corp (MI). MI was

Sherman Financial Group LLC recapitalizes Sherman Financial Group LLC recapitalizesSep 19, 2007

US - A management-led investor group acquired a ##% interest in Sherman Financial Group LLC, a provider of debt recovery solutions services, a joint venture between Enhance Financial Services Group Inc and Mgic Investment Corp, in a recapitalization transaction.

Third Ave Mgmt LLC acquires a minority stake in Radian Group Inc Third Ave Mgmt LLC acquires a minority stake in Radian Group IncSep 11, 2007

US - Third Avenue Management LLC raised its stake to ##.##% from #.##% in Radian Group Inc, a provider of mortgage insurance services, by acquiring #.### mil common shares in a privately negotiated transaction.

Credit-Based Asset Servicing acquires Fieldstone Investment Corp from Radian Group Inc Credit-Based Asset Servicing acquires Fieldstone Investment Corp from Radian Group IncJul 17, 2007

US - Credit-Based Asset Servicing & Securitization LLC (CA), a joint venture between Radian Group Inc and MGIC Investment Corp, merged with Fieldstone Investment Corp, a real estate investment trust, for an amended $# in cash per share, or a total

MGIC Investment Corp withdraws offer for Radian Group Inc MGIC Investment Corp withdraws offer for Radian Group IncFeb 06, 2007

US - MGIC Investment Corp (MI), a majority-owned unit of Northwestern Mutual Life Insurance Co, withdrew its agreement to merge with Radian Group Inc (RG), a provider of mortgage guaranty insurance services, in a stock swap transaction valued at $#

Sherman Financial Group LLC acquires First Natl Bank of Marin Sherman Financial Group LLC acquires First Natl Bank of MarinMar 10, 2005

US - Sherman Financial Group, a joint venture between Enhance Financial Services Group Inc, a unit of Radian Group Inc and MGIC Investment Corp, a unit of Northwestern Mutual Life Insurance Co, acquired First National Bank of Marin, a savings and

Credit-Based Asset Servicing acquires PCFS Mtg Resources-Portfolio from Natl City Corp,Cleveland,Ohio Credit-Based Asset Servicing acquires PCFS Mtg Resources-Portfolio from Natl City Corp,Cleveland,OhioDec 01, 2004

US - Credit-Based Asset Servicing and Securitization LLC, a joint venture among Radian Group Inc, C-BASS Management and MGIC Investment Corp, a unit of Northwestern Mutual Insurance Co, acquired the portfolio assets of PCFS Mortgage Resources LLC, a unit

Gmul Sahar Finl Instruments acquires Enhance Life Benefits Viatical from Radian Group Inc Gmul Sahar Finl Instruments acquires Enhance Life Benefits Viatical from Radian Group IncAug 20, 2002

US - Gmul Sahar Financial Instruments LLC acquired Enhance Life Benefits Viatical Settlement Trust ####-A, a New York trust, from Radian Group Inc, for an estimated $#.# mil.

Credit-Based Asset Servicing acquires Amresco Residential Sec 1996-5 Credit-Based Asset Servicing acquires Amresco Residential Sec 1996-5Dec 12, 2001

US - Credit-Based Asset Servicing & Securitization LLC acquired Amresco Residential Securities Corporation Mortgage Loan Trust ####-#, a real estate investment trust. Terms were not disclosed.

Credit-Based Asset Servicing acquires Amresco Residential Securities Credit-Based Asset Servicing acquires Amresco Residential SecuritiesJun 20, 2001

US - Credit-Based Asset Servicing & Securitization LLC acquired Amersco Residential Securities Corporation Mortgage Loan Trust ####-#, a real estate investment trust. Terms were not disclosed. Dorsey & Whitney LLP represented US Bank National Association in the capacity of indenture trustee.

Radian Group Inc acquires Enhance Financial Svcs Grp Radian Group Inc acquires Enhance Financial Svcs GrpFeb 28, 2001

US - Radian Group Inc (RG) acquired all the outstanding common stock of Enhance Financial Services Group Inc (EFS), a reinsurance company, in a stock swap transaction valued at $###.### mil. RG offered .## common shares per EFS share. Based

Radian Group Inc acquires ExpressClose.com Radian Group Inc acquires ExpressClose.comNov 10, 2000

US - Radian Group Inc (RG) acquired ExpressClose.com (EC), a provider of online real estate information products and services to the first and second mortgage industry. Terms were not disclosed. Upon completion, EC was to became a stand alone subsidiary

Residential Funding Corp withdraws offer for minority stake in Credit-Based Asset Servicing Residential Funding Corp withdraws offer for minority stake in Credit-Based Asset ServicingSep 28, 2000

US - Residential Funding Corp, a unit of General Motors Corp's GMAC Mortgage Corp subsidiary, withdrew its agreement to acquire a ##% stake in Credit-Based Asset Servicing & Securitization LLC (CBA), from Enhance Financial Services Group (EFS), for an estimated

CMAC Investment Corp acquires Amerin Corp from Radian Group Inc CMAC Investment Corp acquires Amerin Corp from Radian Group IncJun 09, 1999

CMAC Investment Corp (CIC) merged with Amerin Corp (AC) in a stock swap transaction valued at $###.### mil. CIC offered .#### common shares per AC share. Based on CIC's closing stock price of $##.#### on November ##

Enhance Financial Svcs Grp acquires remaining interest in Singer Asset Finance Co from Radian Group Inc Enhance Financial Svcs Grp acquires remaining interest in Singer Asset Finance Co from Radian Group IncOct 21, 1997

Enhance Financial Services Group (EG) acquired the remaining ##.#% interest, which it did not already own, in Singer Asset Finance in exchange for approximately .# mil newly-issued EG common shares valued at $#.#### mil. The shares were

Enhance Financial Svcs Grp acquires a minority stake in Singer Asset Finance Co from Radian Group Inc Enhance Financial Svcs Grp acquires a minority stake in Singer Asset Finance Co from Radian Group IncMar 24, 1997

Enhance Financial Services Group (EF) raised its stake to ##.#% from ##% in Singer Asset Finance in exchange for $## mil in EF common stock.

Commonwealth Land Title Ins Co acquires a minority stake in CMAC Investment Corp from Radian Group Inc Commonwealth Land Title Ins Co acquires a minority stake in CMAC Investment Corp from Radian Group IncOct 31, 1992

Commonwealth Land Title Insurance, a unit of Reliance Group Holdings, acquired a partial stake in CMAC Investment, also a unit of Reliance, by acquiring ###,### redeemable preferred shares for $## per share, or a total of $## mil. Concurrently

Radian Group, Inc. M&A Summary


Radian Group, Inc. has made 8 acquisitions while taking stakes in 0 companies. Radian Group, Inc. has 9 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008000
2007104
2006000
2005100
2004100
2003000
2002001
2001300
2000100
1999101
1998000
1997002
1996000
1995000
1994000
1993000
1992001
Total809

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