Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  McMahon Brien
 2. Date of Event Requiring Statement (Month/Day/Year)
11/15/2017		 3. Issuer Name and Ticker or Trading Symbol
RADIAN GROUP INC [RDN]
(Last)
(First)
(Middle)
RADIAN GROUP, 1500 MARKET ST., WEST TOWER		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Chief Franchise Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

PHILADELPHIA, PA 19102		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common stock 9,864
D
 
Common stock 18,483
I
401K Stock Fund

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option - Performance Award 06/05/2015 06/05/2022 Common stock 50,920 $ 2.45 D  
Stock Option - Performance Award 05/14/2016 05/13/2023 Common stock 9,140 $ 13.99 D  
Stock Option - Performance Award 06/17/2017(2) 06/16/2024 Common stock 8,210 $ 15.44 D  
Stock Option - Performance Award 07/09/2018(2) 07/08/2025 Common stock 6,110 $ 18.42 D  
Stock Option - Performance Award 05/11/2019(2) 05/10/2026 Common stock 10,310 $ 12.16 D  
Restricted Stock Units - Performance Award 07/09/2018(3)   (1) Common stock 15,240 (4) $ 0 D  
Restricted Stock Units - Performance Award 05/11/2019(3)   (1) Common stock 25,210 (4) $ 0 D  
Restricted Stock Units - Performance Award 05/10/2020(3)   (1) Common stock 17,300 (4) $ 0 D  
Restricted Stock Units - Time Vested Award 05/10/2018(5)   (1) Common stock 8,030 $ 0 D  
Restricted Stock Units - Time Vested Award 02/24/2019   (1) Common stock 10,000 $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
McMahon Brien
RADIAN GROUP
1500 MARKET ST., WEST TOWER
PHILADELPHIA, PA 19102		       EVP & Chief Franchise Officer  

Signatures

Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact 11/22/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) N/A
(2) In each case, options scheduled to vest in two equal installments on each of the third and fourth anniversaries of the applicable date of grant, provided that the options will vest only if the closing price of the Company's common stock meets the applicable stock price hurdle for ten consecutive days ending on or after the third anniversary of the applicable date of grant.
(3) Award subject to a one year post vest hold.
(4) Performance-based RSUs are scheduled to vest on the applicable date exercisable. In each case, the performance-based RSUs have a potential payout ranging from 0% to 200% of the RSUs scheduled to vest, subject to a maximum cap of six times the value of the award on the grant date.
(5) Award vests proportionately on the first, second and third anniversary of grant.

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