Radian Group Investor Presentation — March 2019

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Financial Results Q1 2019

www.radian.bizSafe Harbor Statements

2All statements in this presentation that address events, developments or

results that we expect or anticipate may occur in the future are “forward -

looking statements” within the meaning of Section 27A of the Securities Act of

1933, Section 21E of the Exchange Act and the U.S. Private Securities Litigation

Reform Act of 1995. In most cases, forward -looking statements may be

identified by words such as “anticipate,” “may,” “will,” “could,” “should,”

“would,” “expect,” “intend,” “plan,” “goal,” “contemplate,” “believe,”

“estimate,” “predict,” “project,” “potential,” “continue,” “seek,” “strategy,”

“future,” “likely” or the negative or other variations on these words and other

similar expressions. These statements, which may include, without limitation,

projections regarding our future performance and financial condition, are made

on the basis of management’s current views and assumptions with respect to

future events. Any forward -looking statement is not a guarantee of future

performance and actual results could differ materially from those contained in

the forward -looking statement. These statements speak only as of the date they

were made, and we undertake no obligation to update or revise any forward -

looking statements, whether as a result of new information, future events or

otherwise. We operate in a changing environment where new risks emerge

from time to time and it is not possible for us to predict all risks that may affect

us. The forward -looking statements, as well as our prospects as a whole, are

subject to risks and uncertainties that could cause actual results to differ

materially from those set forth in the forward -looking statements. These risks

and uncertainties include, without limitation:

changes in economic and political conditions that impact the size of the insurable

market, the credit performance of our insured portfolio, and our business

changes in the way customers, investors, ratings agencies, regulators or

legislators perceive our performance, financial strength and future prospects;

Radian Guaranty Inc.’s (“Radian Guaranty”) ability to remain eligible under the

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