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Radian Acquires Independent Settlement Services

Phil Hall
Nov 21, 2018
Former Mortgage Bankers Association (MBA) President and CEO David H. Stevens has been appointed to the Board of Directors of Radian Group Inc.

Radian Group Inc. has acquired Independent Settlement Services, a national appraisal and title management services company.
 
Independent Settlement Services, which provides real estate information and valuation solutions in all 50 states, offers the proprietary Vendor Information Bridge (VIBe) Web-based, real-time vendor management and settlement services technology system. The financial terms of the transaction were not disclosed, and the acquired company will retain executive leadership team and Pittsburgh headquarters, while transitioning to the One Radian brand identity within the company’s Real Estate Services business division.
 
“We are pleased to welcome Independent Settlement Services to the Radian family of companies, expanding our capabilities and providing our customers with the real estate information and valuation solutions they need, powered by best-in class technology,” said Radian’s Chief Executive Officer Rick Thornberry.

 
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