PLACE has bought Radian's real estate arm, and its title business is next

The services sale closed on 3 August. The title deal, covering an underwriter and a national agency, is so far only an agreement and needs regulatory approval before it can complete in the fourth quarter.

Key points

Radian announced both transactions on 3 August 2026. One is done, the other is not.

Completed: the Real Estate Services business, comprising Radian Real Estate Management LLC and homegenius Real Estate, has been sold to PLACE.

Pending: a definitive agreement to sell Radian Title Insurance Inc. and Radian Settlement Services Inc., expected to close in the fourth quarter subject to regulatory approval.

Terms were not disclosed for either transaction.

Per ALTA market share data cited in its reporting, Radian Title wrote $17 million in title insurance premiums in 2025, which is small enough that most coordinators will never see one of these files.

Two Radian transactions were announced in the same release on 3 August 2026, and they are being reported as one. They are not one, and the difference is the part that matters to anyone with a live file.

The sale of Radian's Real Estate Services business to PLACE has completed. That business covers Radian Real Estate Management LLC, which does property management, and homegenius Real Estate, which does brokerage and valuation work. That deal is done.

The title business is a separate transaction and it has not closed. Radian has entered a definitive agreement to sell Radian Title Insurance Inc., the underwriter, and Radian Settlement Services Inc., a national title agency. Completion is expected in the fourth quarter and is conditioned on regulatory approvals and customary closing conditions. Financial terms were not disclosed for either deal.

How it has run

2018: Radian acquires the EnTitle Direct underwriter, which is rebranded as Radian Title the following year.

25 September 2025: ALTA reports that Radian intends to sell its title services.

3 August 2026: Radian announces the completed sale of Real Estate Services to PLACE and a definitive agreement to sell the title business to the same buyer.

Q4 2026, expected: Target completion for the title sale, subject to regulatory approval.

A scale check before anyone panics

Title consolidation stories tend to be written as though every file is affected. This one is not on that scale. ALTA market share data cited in reporting on the deal puts Radian Title's 2025 title insurance premiums at $17 million, which is a rounding error against the national underwriters most coordinators actually encounter.

The practical read is that the large majority of desks will never have had a Radian Title policy cross them. The agency side, Radian Settlement Services, operated nationally and is the more likely point of contact.

What to do about it today. Nothing, if your files do not involve Radian Title or Radian Settlement Services. If they do, the deal has not closed, so the parties, the policy and the closing protection letter on a file in progress are unchanged until it does.

What changes when it completes

An underwriter changing hands is not a paperwork event for the coordinator on the day it happens. It becomes one later, through the ordinary channels: which agents an underwriter approves, which forms and endorsements are issued, what a closing protection letter says and who stands behind it, and the name that appears on the documents.

On the last point, PLACE has said it is evaluating next steps on rebranding and has nothing to announce. A coordinator's practical exposure is a name change arriving mid-file, which is a template and checklist problem rather than a legal one, and is much cheaper to handle if you know it is coming.

The pattern worth tracking

PLACE describes itself as a real estate technology and services platform, and its co-founder and chief executive Ben Kinney has described it as a homeownership ecosystem. It already owned a small title business serving residential resale before this deal. Kinney has said the purchase moves PLACE deeper into title and settlement and opens it to serving large lenders and single-family rental investors.

That is the direction to watch rather than the transaction itself. Software platforms buying underwriters and agencies puts the same company in the workflow and in the settlement, which is a different arrangement from the one most coordinators grew up with. Radian, for its part, is moving the other way, out of these businesses and toward a global multi-line specialty insurer.

Primary sources for this story

Radian, release of 3 August 2026 Announces the completed services sale and the pending title agreement

ALTA, Radian to sell title services 25 September 2025

National Mortgage News on the PLACE purchase 5 August 2026

Sources cited

Radian release, 3 August 2026

ALTA

National Mortgage News