Richard Thornberry

Mr. Richard G. Thornberry, CPA, is a Chief Executive Officer & Director at Radian Group Inc. and a Chief Executive Officer at Radian Guaranty, Inc. He is on the Board of Directors at Mortgage Bankers Association and Radian Group Inc. He has over 30 years of experience in the financial services industry. Prior to joining Radian, he co-founded NexSpring Group, LLC in 2006, a firm to partner with and advise leading private equity firms related to potential financial services M&A transactions. The firm was later expanded to provide mortgage industry advisory and technology services to mortgage lenders, financial institutions, mortgage investors and other mortgage industry service providers. He was also co-founder of NexSpring Financial, LLC, a wholly owned subsidiary of NexSpring Group, which is a fintech business focused on improving the overall value proposition for all participants in a residential mortgage origination transaction. He served as the chairman and chief executive officer of both companies until February 2017. Prior to founding NexSpring, he teamed up with KKR, a global investment firm, to co-found and launch Nexstar Financial Corporation, Inc., a leading end-to-end mortgage business process outsourcing firm. Under his leadership, Nexstar was recognized as one of the nation’s fastest growing companies and was acquired by MBNA. Prior to Nexstar, he was the president and chief operating officer of Citicorp Mortgage Inc., and he also held executive-level financial and operating positions at Residential Services Corporation of America/Prudential Home Mortgage Company, including as chief financial officer, until the company was sold in 1996. He began his career as a certified public accountant at Deloitte where he primarily worked with financial services clients and entrepreneurial businesses. He holds a Bachelor of Science degree in Business Administration with a major in Accounting from St. Louis University.