Radian Mortgage Capital closes $348.9M inaugural prime jumbo securitization

RADIAN GROUP INC

Subsidiary Radian Mortgage Capital completed its inaugural securitization, Radian Mortgage Capital 2024-J1, for $348.9 million.
The transaction included 359 30-year fixed-rate prime jumbo residential mortgage loans.
RMC retained an interest in the unregistered mortgage pass-through certificates.
CEO Rick Thornberry highlighted expansion of mortgage market capabilities and secondary-market options for lenders.

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