The move likely signals a realization by the insurer that many servicers are facing operating strains associated with a significant uptick in borrower defaults; in particular, servicers must continue to advance funds to investors even when borrowers are delinquent and/or in default. By advancing servicers some of the claims funds up front, it's possible to alleviate at least some of that hit, said sources that spoke with Housing Wire. "Radian is advancing funds to servicers so they can take the specific action required to keep borrowers in their homes rather than proceeding with a stressful and costly foreclosure process," Radian said in a press statement. Radian Guaranty Inc. also announced a partnership with Consumer Credit Counseling Service of Delaware Valley (CCCS) that will provide education, customized assistance, and a method of direct communication between borrowers and servicers using the Radian FastAdvance program.