Mortgage companies Rate, Regions, Radian make leadership moves

Radian Group, the mortgage insurance and closing services provider based in Wayne, Pennsylvania, recently announced the appointment of Sumita Pandit as president, effective July 2025. Pandit will assume the position following the retirement of current president, Derek Brummer, who first joined a Radian predecessor company in 2002.

In her elevated role, Pandit will lead Radian’s mortgage insurance operations, while serving concurrently as the company’s chief financial officer, a role she presently holds. She arrived at the company in 2023, hired as its first chief growth officer, and subsequently ascended to the CFO role a few months later. Earlier in her career, she held leadership positions at Goldman Sachs and JP Morgan.