S.A. Ibrahim, a 27-year veteran of the banking and mortgage industries, has been named chief executive officer of Radian Group Inc., a Philadelphia-based mortgage insurer and provider of credit enhancement products and services.Mr. Ibrahim, 53, succeeds Frank Filipps, who is retiring from Radian. The appointment is effective May 5. Mr. Ibrahim was most recently president and chief executive officer of GreenPoint Mortgage, and he was previously GreenPoint's chief operating officer, leading the company through the acquisition of Headlands Mortgage, Radian said. Mr. Ibrahim was also employed by American Express and by the mortgage lending unit of Chemical Banking Corp., where he was CEO and COO.
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The real estate firm resolved two other NTRAP lawsuits in late 2025 and may find itself in front of another following a recent Nevada investigation.
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Industry comments are favorable, but with statements like "no bill is perfect" and "bold action is needed," groups want changes before it goes to the president.
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The lender will offer a comprehensive suite of residential lending programs and commercial lending solutions, such as builder construction loans.
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A group representing this part of the industry also called for more implementation time and some changes to borrower determinations.
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The Senate passed a bipartisan housing bill in an 89 to 10 vote, but how quickly and easily the bill can pass the House remains unclear.
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The conflict pushed oil price futures above $100 a barrel for a short time earlier this week, which affected bond investors and the 10-year Treasury yield.
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