Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

McMahon Brien

2. Date of Event Requiring Statement (MM/DD/YYYY) 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 /

(Street)

PHILADELPHIA, PA 19102

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

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	9864	D
Common stock	18483	I	401K Stock Fund

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		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)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option - Performance Award	6/5/2015	6/5/2022	Common stock	50920	$2.45	D
Stock Option - Performance Award	5/14/2016	5/13/2023	Common stock	9140	$13.99	D
Stock Option - Performance Award	6/17/2017 ⁽²⁾	6/16/2024	Common stock	8210	$15.44	D
Stock Option - Performance Award	7/9/2018 ⁽²⁾	7/8/2025	Common stock	6110	$18.42	D
Stock Option - Performance Award	5/11/2019 ⁽²⁾	5/10/2026	Common stock	10310	$12.16	D
Restricted Stock Units - Performance Award	7/9/2018 ⁽³⁾	⁽¹⁾	Common stock	15240 ⁽⁴⁾	$0	D
Restricted Stock Units - Performance Award	5/11/2019 ⁽³⁾	⁽¹⁾	Common stock	25210 ⁽⁴⁾	$0	D
Restricted Stock Units - Performance Award	5/10/2020 ⁽³⁾	⁽¹⁾	Common stock	17300 ⁽⁴⁾	$0	D
Restricted Stock Units - Time Vested Award	5/10/2018 ⁽⁵⁾	⁽¹⁾	Common stock	8030	$0	D
Restricted Stock Units - Time Vested Award	2/24/2019	⁽¹⁾	Common stock	10000	$0	D

Explanation of Responses:
(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.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.