Not exact matches
Radian Group, Inc. is a credit enhancement company with a primary strategic focus on domestic
residential mortgage insurance on
first -
lien mortgage loans and other products and services to the mortgage and real estate industries.
This loan must be securitized in
first lien position on either
residential, multi-family, or commercial real estate; we do not extend bridge loans for land purchases.
The term «federally related mortgage loan» is broadly defined to encompass virtually any purchase money or refinance loan, with the exception of temporary financing, that is «secured by a
first or subordinate
lien on
residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from one to four families...» 12 U.S.C. 2602 (1).