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Radian appoints technology, transaction services senior EVP

Radian Group Inc. has promoted Derek Brummer to senior executive vice president of mortgage insurance and risk services, and appointed Eric Ray senior executive vice president for technology and transaction services.

Brummer joined Radian in 2002 and has served as Radian's chief risk officer since 2013.

Ray joined the company from IBM Corp., where he was general manager of global technology services.