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PHILADELPHIA--([ BUSINESS WIRE ])--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN), announced today that Senior Account Manager Lynn Koscher has been named President of the Illinois Mortgage Bankers Association (IMBA), the state MBA association with the longest history in the country. The official induction of her one-year term will take place on February 16, 2012, in a celebration at the Four Seasons Hotel in Chicago.

"Not only has she worked hard to achieve remarkable success in her career, she has also demonstrated tremendous commitment to the IMBA. As the organizationas fifth female President, Lynn has reached a milestone achievement, and we couldnat be more proud to have her on the Radian team."

Koscher has served the mortgage industry since she began her career, with the last 25 years dedicated to private mortgage insurance. Koscher has been awarded the Pinnacle Award, an internal sales achievement award, several times for her dedication and sales leadership at Radian. Additionally, Koscher has been actively involved in the IMBA for over a decade, having served in diverse leadership roles including Board Director, Secretary-Treasurer, Vice President, and Chair of the Membership Committee. For the 2011 calendar year, Koscher served as the Chair of Programs and Networking.

aLynn is one of the most dynamic and dedicated mortgage industry professionals I have had the pleasure of knowing in my career,a said Teresa Bryce Bazemore, president of Radian Guaranty Inc. aNot only has she worked hard to achieve remarkable success in her career, she has also demonstrated tremendous commitment to the IMBA. As the organizationas fifth female President, Lynn has reached a milestone achievement, and we couldnat be more proud to have her on the Radian team.a

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance and related risk management products and services to mortgage lenders nationwide through its principal operating subsidiary, Radian Guaranty Inc. These services help promote and preserve homeownership opportunities for homebuyers, while protecting lenders from default-related losses on residential first mortgages and facilitating the sale of low-downpayment mortgages in the secondary market. Additional information may be found at [ www.radian.biz ].

The Illinois Mortgage Bankers Association (IMBA) is a state association representing the real estate finance industry, an industry that nationally employs people in virtually every community in the country. The IMBA has been serving the residential and commercial mortgage community for over nine decades, promoting fair and ethical lending practices and fostering professional excellence among its members through a wide range of educational programs. For more information, please visit [ www.imba.org ].