Radian Names New EVP for MI Unit

Radian Group has named commercial banker Robert Griffith executive vice president and chief operating officer for its principal mortgage insurance subsidiary, Radian Guaranty Inc. Mr. Griffith will be responsible for the company's operations, loss management and information technology functions and will report directly to Radian Guaranty president Teresa Bryce. Most recently, Mr. Griffith 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 chief executive officer of Irwin Mortgage Corp. Mr. Griffith is a past chairman of the Mortgage Bankers Association's Residential Board of Governors. He has been a member of both the Fannie Mae National Advisory Council and the Housing Policy Council of the Financial Services Roundtable.