Radian Group Inc. (RDN) 2006年年度报告「NYSE」.pdf

1、Job:97308_011 RADIAN Group Page:1 Color;CompositeRadian Group Inc.2006 Annual ReportJob:97308_011 RADIAN Group Page:2 Color;CompositeRadian Group Inc.is a global credit risk management company headquartered in Philadelphia withsignificant operations in New York and London.The company is listed on th

2、e New York Stock Exchangeunder the symbol RDN,and can be found on the web at www.radian.biz.Radian develops innovative financial solutions by applying its core mortgage credit risk expertiseand structured finance capabilities to the credit enhancement needs of the capital markets worldwide,primarily

3、 through credit insurance products.The company also provides credit enhancement for publicfinance and other corporate and consumer assets on both a direct and reinsurance basis and holdsstrategic interests in active credit-based consumer asset businesses.Based on our foundation of credit risk evalua

4、tion and expertise,we offer products and services throughthree business segments:mortgage insurance,financial guaranty and financial services:Our mortgage insurance business provides credit protection for mortgage lenders andother financial services companies on residential mortgage assets through t

5、raditionalmortgage insurance as well as other mortgage-backed structured products.Our financial guaranty business insures and reinsures credit-based risks and providessynthetic credit protection on various asset classes through credit default swaps.Our financial services business consists mainly of

6、our ownership interests in Credit-BasedAsset Servicing and Securitization LLC(C-BASS)a mortgage investment and servicingfirm specializing in credit-sensitive,residential mortgage assets and residentialmortgage-backed securitiesand in Sherman Financial Services Group LLC(Sherman)aconsumer asset and s