Radian Advances Strategic Transformation to Global Multi-Line Specialty Insurer with Sale of Real Estate Services Business and Agreement to Sell Title Business
Actions are expected to complete Radian’s planned exit from non-core businesses and sharpen its focus on long-term value creation
Radian Group Inc. (NYSE: RDN) today announced that it has completed the sale of its Real Estate Services business to PLACE, a real estate technology and services platform, and has also entered into a definitive agreement to sell its Title business to PLACE. The pending Title sale is subject to satisfaction of customary closing conditions, including obtaining required regulatory approvals, and is expected to be completed in the fourth quarter.
Together, the completed sale of the Real Estate Services business and the pending sale of the Title business are expected to complete Radian’s previously announced plan to divest the non-core businesses that were formerly reported in its “All Other” category. Terms of the transactions were not disclosed.
“These actions mark an important milestone for Radian and reflect continued execution of the strategic plan we announced following our comprehensive strategic review in 2025, which resulted in our acquisition of Inigo,” said Radian Chief Executive Officer Rick Thornberry. “We are proud of the talented teams behind our Real Estate Services and Title businesses and the meaningful impact they have created for customers. We believe PLACE is well positioned to build on their success, while Radian focuses fully on executing our strategy as a global multi-line specialty insurer and delivering long-term value for our stockholders.”
