Radian Guaranty, the private mortgage insurance subsidiary of Radian Group, announced it will begin offering "a unique program, the Responsible Homeowner Reward (RH Reward), to encourage borrowers, who recently modified their mortgages through the U.S. Department of the Treasury's Home Affordable Modification Program (HAMP), to remain current on their new mortgage payments. Administered exclusively by Loan Value Group LLC, the RH Reward program pays cash rewards to eligible homeowners for making their mortgage payments on time. Radian selects eligible homeowners for enrollment in the program and a reward account is then established in their name that grows with each on-time mortgage payment, up to a maximum amount. The reward is paid in cash when the mortgage is refinanced or paid off and the homeowner pays nothing to participate, remaining eligible by simply making their mortgage payments on-time.