Radian Origination & Servicing Guide - Revision highlights - May 24, 2024

Sep 16, 2026

Uploaded by Graffin

Radian Origination & Servicing Guide for Radian Master Policies #RAF483 and #RAF700 provides step-by-step instructions and quick reference tasks for MI origination and servicing workflows. It covers establishing connectivity (MI Online, EDI, and LOS), submitting MI applications under non-delegated and delegated programs, activating coverage, remittance file delivery, certificate maintenance, and claim initiation and processing. The guide also includes revision highlights effective May 24, 2024, customer care contacts, and detailed reporting requirements for loan performance, modifications, and billing.

LanguageEnglish

CategoryPresentations

FormatPDF

Pages94

Reading Time33 min

AccessFree to download

Revision highlights

1. Introduction

2. Radian and MI servicing excellence

2.1 Radian’s commitment to you and your customers

2.2 Radian products

2.3 Radian’s technology solutions

2.4 Contact Radian for help or more information

3. Step-by-step MI: Quick reference to tasks

3.1 Index of quick reference tasks

3.2 Become a Radian customer

3.7 Remit renewal Premiums

3.10 Submit a remittance file

3.17 Initiate a Claim

3.20 Review an Explanation of Benefits (EOB) and/or Supplemental EOB

4. MI origination

4.1 Non-delegated MI Applications

4.2 Delegated Program Guide

4.3 MI Commitments

5. Changes to Certificates

5.1 Loan assumptions

5.4 Post-activation changes

6. Confident Coverage®

7. Reinstatement of insurance coverage

8. Renewal Premium billing and payment

8.1 Radian’s billing methods

8.3 Tips for ensuring a more accurate MI bill

Origination & Servicing Guide For Radian Master Policies \#RAF483 and \#RAF700 Effective May 24, 2024 Radian Origination & Servicing Guide Revision highlights May 24, 2024 | Page | Section | Title | Update Description | | --- | --- | --- | --- | | 17 | 3.7 | Remit renewal Premiums | The overnight lockbox mailing address has been updated. | | 42 | 8.6 | Methods for remittance file delivery | | Effective: May 24, 2024 2 Rev 20240501 Radian Master Policies \#RAF483 and \#RAF700 Origination & Servicing Guide | Revision highlights Customer Care: 877. RADIAN1 (877.723.4261) | [customercare@radian.com | Monday](customercare@radian.com | Monday)–Friday, 8 a. m.–8 p. m. , ET Radian Origination & Servicing Guide Contents Revision highlights...................... 2 1. Introduction .........................6 2. Radian and MI servicing excellence ....... 7 2.1 Radian’s commitment to you and your customers................ 7 2.2 Radian products .................. 7 2.3 Radian’s technology solutions........ 7 A. MI Online ........................ 7 B. System integration and business-tobusiness (B2B) connectivity ......... 8 2.4 Contact Radian for help or more information....................... 9 A. Customer Care ................... 9 B. Customer Help ................... 9 C. Service Center ................... 9 D. Your Radian Account Manager ....... 9 2.5 Additional Radian resources ........ 10 3. Step-by-step MI: Quick reference to tasks . 11 3.1 Index of quick reference tasks ...... 11 3.2 Become a Radian customer ........ 12 3.3 Obtain an MI Policy ............... 13 3.4 Establish connectivity ............. 13 A. Establish MI Online access ......... 13 B. Establish EDI connectivity.......... 13 C. Establish Loan Origination System (LOS) connectivity ................ 14 3.5 Order MI ....................... 14 A. Non-delegated: Submit an MI Application .......... 14 B. Delegated: Submit an MI Application under the Delegated Program Guide requirements............... 15 3.6 Activate MI coverage.............. 15 A. Activate MI coverage, non-deferred (payment required) ............... 15 B. Activate MI coverage, deferred (no payment at activation time).........16 3.7 Remit renewal Premiums .......... 17 3.8 Submit a Loan for Early Validation Confident Coverage .............. 17 3.9 Perform Certificate maintenance..... 18 A. Notify Radian of a cancellation ...... 18 B. Notify Radian of a Loan sale or transfer of servicing............... 18 C. Request a Loan assumption ........ 19 3.10 Submit a remittance file ........... 19 3.11 Request a reinstatement of coverage (Commitment or Certificate) ........ 20 3.12 Request electronic servicing notices.. 20 3.13 Report on performing and non-performing Loans ............. 20 A. Submit a Mortgage Insurance Loan Activity Report (MILAR) ............ 20 B. Submit a Loan modification report ... 21 1) Performing refinance modification Loans ............ 21 2) Performing non-GSE Loan modifications ............ 22 3) Non-performing GSE and non-GSE Loans and Radian approved modification exceptions ........ 22 C. Submit a Monthly Default Report .... 22 D. Submit a Monthly Report of Significant Defects, Single Loan Fraud or Pattern Activity ........... 22 3.14 Request pre-Claim approval of a short sale or deed-in-lieu ..........23 3.15 Request Pre-Claim Advance ........ 23 3.16 Notice of intent to restore .......... 23 3.17 Initiate a Claim .................. 23 3.18 Check the status of Claims and Claim documents ............. 24 3.19 Perfect a Claim .................. 25 3.20 Review an Explanation of Benefits (EOB) and/or Supplemental Explanation of Benefits (Supplemental EOB) ........26 3.21 File a Claim appeal ............... 26 3.22 Check the status of an active Claims appeal ................... 27 3.23 Return Claim proceeds ............ 27 4. MI origination ...............

FAQs

What effective date and revision information apply to this guide?

The guide states it is effective May 24, 2024, with revision highlights dated May 24, 2024. It also shows a revision reference of Rev 20240501.

How are MI applications submitted under non-delegated vs. delegated programs?

The contents distinguish non-delegated submissions as “Submit an MI Application” and delegated submissions as “Submit an MI Application under the Delegated Program Guide requirements.”

What tasks are included for servicing after coverage activation?

The guide includes steps such as performing certificate maintenance, submitting remittance files, requesting reinstatement of coverage, requesting electronic servicing notices, and reporting on performing and non-performing loans.

Sep 16, 2026

Uploaded by Graffin