WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that DBRS, Inc. (Morningstar DBRS) deems Radian Real Estate Management as an acceptable due diligence firm for business purpose loans and single-family rental Morningstar DBRS-rated residential mortgage-backed securities (RMBS) transactions.
Radian Real Estate Management is the longest-standing provider of diligence and valuations for institutional single-borrower, single-family rental (SFR) securitizations, and warehouse lending transactions. This recognition solidifies the company’s position as a trusted partner in due diligence services and highlights the role it has played in nearly all of the SFR securitizations brought to market in the United States since the inception of the asset class and the first SFR securitization transaction in 2013.
Morningstar DBRS published its List of Acceptable Third-Party Due Diligence Firms and made the following announcement on January 8, 2025:
Morningstar DBRS conducted a review of Radian to assess its staffing, infrastructure, and capabilities as a third-party due diligence firm for business purpose and single-family rental loans and believes the Company is acceptable.
“We are pleased to receive Morningstar DBRS’s approval to conduct diligence reviews for RMBS business purpose lending and single-family rental Morningstar DBRS-rated RMBS transactions. This is a natural extension of our decade-long history of facilitating single-borrower SFR transactions, and it further underscores our position as the leading diligence provider for the asset class and our role in setting the standards and processes for the industry since its inception,” said Radian’s Executive Vice President, Real Estate Services, Tim Reilly. “Morningstar DBRS’ in-depth review process provides a meaningful validation of Radian’s differentiated approach to third-party due diligence, and we look forward to continuing to serve our clients with distinction in 2025 and beyond.”
For more information on Radian Real Estate Management, visit Radian's website.
About Radian
Radian is a catalyst for homeownership that transforms risk into opportunity through services and technologies that empower housing and capital market participants to act with confidence. The Radian family of companies is shaping the future of mortgage and real estate services through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services. Visit radian.com to see how we’re creating possibilities for a place to call home.
