Radian completes non-core exit

Radian Group completed the sale of its Real Estate Services business to PLACE and signed an agreement to sell its Title business to the real estate technology platform, completing its exit from non-core businesses.

Terms were not disclosed. The title business sale is expected to close in the fourth quarter, subject to regulatory approvals.

The transactions follow Radian’s 2025 strategic review and its $1.67 billion acquisition of Lloyd’s insurer Inigo, which closed in February 2026.

CEO-elect Mike Weinbach said the company will focus on its mortgage insurance franchise and specialty insurance business.

The businesses being sold include Radian’s property management, real estate brokerage, valuation, title underwriting and settlement operations, which were previously reported in the company’s “All Other” segment.

PLACE adds those capabilities to its existing real estate, mortgage, insurance and home services platform.

The transactions complete Radian’s transition from a U.S. mortgage insurer to a global multi-line specialty insurer.

“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. 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.” – Radian Chief Executive Officer Rick Thornberry.