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Mr. Ibrahim became Radian's Chief Executive Officer effective May 4 2005. From 1999 until April 2005 Mr. Ibrahim was President and Chief Executive Officer of GreenPoint Mortgage Funding Inc. a residential mortgage lender. GreenPoint Mortgage Funding Inc. is a wholly-owned subsidiary of North Fork Bancorporation Inc. and was a wholly-owned subsidiary of GreenPoint Financial Corp. before its merger with North Fork in 2004. In 1999 Mr. Ibrahim served as Chief Operating Officer of the combined mortgage businesses of GreenPoint Financial Corp. and from 1997 through 1998 served as an Executive Vice President of GreenPoint Financial Corp. He serves as the non-executive Chairman of the Board of MERSCORP Inc. a company owned by several mortgage industry participants that is dedicated to implementing an industrywide electronic registry for trading and delivering mortgages in the U.S. Mr. Ibrahim has been a member of the Residential Board of Governors of the Mortgage Bankers Association of America and is a member of the Board of Directors of the California Mortgage Bankers Association and the Institute for International Education.
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