Radian Group Inc. is a credit enhancement company with a primary strategic focus on domestic residential mortgage insurance on first-lien mortgage loans (first-liens). The Company has two business segments: mortgage insurance and financial guaranty. The mortgage insurance segment provides credit-related insurance coverage, principally through private mortgage insurance and risk management services, to mortgage lending institutions. The Company conducts its business primarily through Radian Guaranty Inc., its principal mortgage insurance subsidiary. The financial guaranty segment previously provided direct insurance and reinsurance on credit-based risks, and also offered credit protection on various asset classes through financial guaranty policies and credit default swaps (CDS).