Radian sells real estate services, plans title sale to PLACE

Radian closed the sale of its Real Estate Services business to PLACE and signed an agreement to sell its title business, expected to close in Q4. The moves advance its plan to divest non-core units as it shifts toward global multi-line specialty insurance after buying Inigo. AI Summary Radian Group has completed the sale of its real estate services business and agreed to sell its title insurance business to PLACE , marking a key step in the mortgage insurer’s shift into a global multi-line specialty insurer. The Wayne, Pennsylvania-based company said last Monday that it closed the sale of its Real Estate Services business to real estate technology and services platform PLACE, as well as entered into a definitive agreement to sell its title business to PLACE, according to the company’s announcement. The title transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the fourth quarter. Terms of both deals were not disclosed. Together, the completed real estate services sale and the pending title sale are expected to complete Radian’s previously announced plan to divest non-core businesses that were formerly reported in its “All Other” segment. “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,” Radian CEO Rick Thornberry said in the announcement. He added that PLACE “is well positioned to build on [the businesses’] success, while Radian focuses fully on executing our strategy as a global multi-line specialty insurer and delivering long-term value for our stockholders.” PLACE co-founder and CEO Ben Kinney said Radian’s real estate services and title operations bring “deep industry expertise, strong customer relationships and complementary capabilities” that align with PLACE’s mission to support real estate professionals, homeowners and institutional clients with technology-enabled services. The Real Estate Services and Title businesses provide title, settlement, valuation, brokerage and property management services to homeowners, real estate agents and institutional clients.

The real estate services unit includes Radian Real Estate Management LLC , a property management company, and homegenius Real Estate , a real estate brokerage that offers valuation services. The title business includes Radian Title Insurance Inc. , a title insurance underwriter, and Radian Settlement Services Inc., a national title agency. Radian has been one of the largest U. S. private mortgage insurers, with its ancillary real estate services, title and homegenius businesses giving it a broader footprint across the housing transaction. By selling those non-core units, the company is sharpening its focus on risk-bearing insurance lines rather than fee-based housing services. “Radian’s transformation continues to gain momentum,” CEO-elect Mike Weinbach said in the announcement. He cited the company’s mortgage insurance franchise and specialty insurance business as a foundation for “disciplined capital allocation and long-term value creation, while expanding our access to large, diversified global markets.” The divestitures follow a strategic review Radian completed in 2025. As part of that review, Radian acquired Inigo , a Lloyd’s specialty insurer, in a $1.67 billion deal that closed in February 2026.

With Inigo, Radian is moving beyond its traditional role as a U. S. private mortgage insurer into a more diversified, global multi-line specialty insurer. Exiting real estate services and title removes capital and management attention from businesses that do not align directly with that insurance-led strategy. Citizens Capital Markets & Advisory is serving as financial advisor to Radian, and Faegre Drinker Biddle & Reath LLP is serving as legal counsel on the transactions. This article was generated using Housing Wire Automation and reviewed by a Housing Wire editor before publication. Regulators in 46 states and DC reached a $15.5M settlement with Newrez over lender-placed insurance charges and refunds. Inventory rose to 871,063 in mid-August as rates stayed near highs, while pending sales fell year over year and price cuts hit 41.67%. Select a zip code to view market data, or leave blank to see national trends.

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