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DS News June 2021

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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19 Radian CORPORATE DETAILS: 1500 Market St., Philadelphia, PA 19102 | radian.com KEY PERSONNEL Tim Reilly | EVP, Asset Management Operations Rebecca Smith | VP, Sales and Business Development, Asset Management David Bolos | VP, Operations COMPANY DESCRIPTION Radian is ensuring the American Dream of homeownership responsibly and sustainably through products and services that include industry- leading mortgage insurance and a comprehensive suite of mortgage, risk, title, valuation, asset management, and other real estate services. Radian is powered by technology, informed by data, and driven to deliver new and better ways to transact and manage risk. Visit radian.com to learn more about how Radian is shaping the future of mortgage and real estate services. KEY FEATURES & BENEFITS Radian's Pyramid Platform is a secure, web-based portal that helps users execute and manage investment strategies, from listing to liquidation. Through Pyramid Platform, users can automate every step of the REO asset management process through a customizable workflow that triggers tasks based on their unique needs. In addition, Pyramid Platform offers users a variety of other workflows, including deed-in-lieu, short sale, acquisition, rental management, and more. REO MANAGEMENT Pyramid Platform's REO Management workflow provides users with the opportunity to automate and organize every step of the REO asset management process. With features like drag- and-drop uploading, automatic document labeling and expense tracking, Pyramid Platform makes managing a real estate portfolio simple and intuitive. LOSS MITIGATION Pyramid Platform's Loss Mitigation workflow, including deed-in-lieu and short sale options, allows users to provide homeowners with additional opportunities for liquidating their property. Through a quicker and often less expensive solution, the Loss Mitigation workflow centralizes the homeowner's documentation and creates transparency to obtain a successful exit strategy. ACQUISITIONS AND DISPOSITION Whether looking to buy and rent, or rehab and sell, a Radian subsidiary offers a Real Estate Acquisition and Disposition service. This service allows clients to customize their buy-box filters and be alerted in real time when properties that fit their investment profile hit the market so they can act immediately. Clients can also obtain automated pricing, incorporating trending analytics to help them estimate sales prices or rental values. These clients can then obtain access to Pyramid Platform to assist them in managing their properties more efficiently through the acquisition and disposition workflow. RENTAL MANAGEMENT Pyramid Platform's Rental Management workflow provides users the opportunity to efficiently manage their rental portfolio and execute important tasks for each property. This workflow integrates seamlessly with Radian's Repair and Eviction module. With all of Pyramid Platform's intuitive workflows, users have the following benefits: • Access a network of qualified professionals. • The ability to prioritize tasks with effective role-based dashboards. • Utilization of real-time and customizable reporting, as well as direct data warehouse access, to proactively manage portfolios and track progress. • Built-in logic and validations that save time and improve data integrity. • Reduction in delays and the ability to navigate the real estate closing process with ease. Pyramid Platform is a multiple winner of the HousingWire Tech100 award, recognizing it as a leading technology in the asset management arena. In today's evolving digital world, having access to a technology like Pyramid Platform is critical in helping portfolio investors, servicers and outsource providers to stay ahead of their competition and to navigate the rapidly changing environment as foreclosure moratoriums are lifted. Best in Asset Management Tools Guide

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