Radian Group has appointed Robert Griffith as new executive vice president (EVP) and chief operating officer (COO) for Radian Guaranty, its principal mortgage insurance subsidiary, to lead the operations, loss management and information technology functions.
In his new role, Mr Griffith will report to Teresa Bryce, president of Radian Guaranty. Most recently, he served as senior vice president for Bank of America, where he was responsible for a nationwide network of loan fulfillment centers providing underwriting, processing and loan funding services. Prior to that, he was president and CEO of Irwin Mortgage.
Mr Griffith has also served as director of Mortgage Bankers Association, and as chairman of its Residential Board of Governors. He has been a member of both Fannie Mae National Advisory Council
and Housing Policy Council of the financial services roundtable.
Ms Bryce, said: “Bob is well known and respected in the mortgage industry and we are delighted to welcome him to the Radian team. His experience in leading successful mortgage operations for top lenders will strengthen the functions most critical to our mortgage insurance business today.”