Teresa Bryce Bazemore is President of Radian Guaranty Inc., Radian Group Inc.’s principal mortgage insurance subsidiary. As President, Ms. Bazemore is responsible for all domestic and international mortgage insurance business operations.
Prior to her appointment as President, Ms. Bazemore was the Executive Vice President, General Counsel, Chief Risk Officer and Secretary for Radian Group, a global credit risk management company. Prior to that, as Senior Vice President, General Counsel and Corporate Secretary for Nexstar Financial Corporation and Director of Legal and Corporate Affairs for MBNA Home Finance (after the MBNA acquisition of Nexstar), Ms. Bazemore was responsible for legal, compliance, quality assurance, credit policy, insurance and governmental affairs matters in addition to her corporate secretarial duties. Ms. Bazemore also served as General Counsel of Bank of America Mortgage, General Counsel of PNC Mortgage, a subsidiary of PNC Bank and as Associate General Counsel at Prudential Home Mortgage. She began her legal career as an associate at Piper & Marbury (now DLA Piper) after serving as a law clerk to Chief Justice Robert Wilentz of the New Jersey Supreme Court.
Ms. Bazemore is on the board of the US Mortgage Insurers. She serves on the Economic Advisory Council for the Federal Reserve Bank of Philadelphia, on the Mortgage Bankers Residential Board of Governors and as a director of the Home Builders Institute. She previously served terms as a member of the Board of Directors of the Mortgage Bankers Association in 2001-2004, 2005, 2006 and 2009. Ms. Bazemore has also previously served as a member of the Consumer Advisory Council of the Federal Reserve, the Fannie Mae National Advisory Council, the Advisory Committee of the American Association of Residential Mortgage Regulators as well as Board Chair of the Research Institute for Housing America.
Currently, Ms. Bazemore serves on the Board of Directors of Public Media Company, the Board and Executive Committee of the Philadelphia Chamber of Commerce, the Board of Directors for WHYY, the Board of Directors of the American Red Cross of Southeastern Pennsylvania and the Board of the University of Virginia College Foundation. She is a graduate of the University of Virginia and the Columbia University School of Law.more » « less