New York, April 01, 2015 -- Moody's Investors Service, ("Moody's") has upgraded the Insurance Financial Strength (IFS) ratings of Radian Guaranty Inc. (Radian Guaranty) and Radian Mortgage Assurance Inc. (RMA) to Ba1 from Ba2, and upgraded the senior unsecured debt rating of Radian Group Inc. (Radian Group) to B2, from B3. The outlook on the ratings is positive, with the exception of Radian Group that has a stable outlook. In the same rating action, Moody's upgraded the IFS rating of Radian Asset Assurance, Inc. (Radian Asset) to A3, with negative outlook, from Ba1. The rating of Radian Asset will also be subsequently withdrawn. These actions conclude the rating review Moody's initiated on December 23, 2014. The rating action also has implications for the various transactions wrapped by Radian Asset as discussed later in this press release.

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