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Triad Guaranty Inc

 
Hoover's Profile: Triad Guaranty Inc.
(NASDAQ (GS):TGIC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Triad Guaranty Inc.
101 S. Stratford Rd.
Winston-Salem, NC 27104
NC Tel. 336-723-1282
Toll Free 800-451-4872
Fax 888-723-0343

Type: Public
On the web: http://www.triadguaranty.com
Employees: 150
Employee growth: (44.4%)

What mortgage lenders and homebuyers would do together, Triad Guaranty insured that no one put asunder. The company's main subsidiary, Triad Guaranty Insurance, sold private mortgage insurance on residential mortgage loans when buyers could put up less than 20% of the down payment. Its customers have been residential mortgage lenders, including commercial banks and mortgage bankers and brokers. Triad Guaranty marketed its products across the US through its in-house sales force. The company is in the process of placing its business into run-off.

Key numbers for fiscal year ending December, 2008:
Sales: $270.5M
One year growth: (12.4%)
Net income: ($631.1)M

Officers:
Chairman: William T. (Will) Ratliff III
CIO: George Jackson
VP National Accounts, Triad Guaranty Insurance: Mary A. Morehead

Competitors:
Genworth Financial
MGIC Investment
PMI Group

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