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Radian acquires real estate software and data analytics provider Five Bridges Advisors

January 16, 2019 / Ben Lane

Radian Group is continuing with its stated strategy to diversify its business offerings and boosting its real estate software and data analytics capabilities, as the company announced Wednesday that it acquired Five Bridges Advisors. Five Bridges is a developer of proprietary software, data analytics and predictive models that use artificial intelligence, machine learning and other methods. The company also provides mortgage, consumer, and real estate analytics, along with valuation and risk management tools for the entire loan lifecycle, from underwriting and origination to servicing, secondary market purchase, and securitization. And now, the company is under Radian’s umbrella. In a release, Radian said that deal is “consistent with Radian’s growth and diversification strategy, as well as its focus on the core product offerings of its title, mortgage and real estate services.”