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United Guaranty Corporation

 
Hoover's Profile: United Guaranty Corporation
 
Contact Information
United Guaranty Corporation
230 N. Elm St., 7th Fl.
Greensboro, NC 27401
NC Tel. 336-373-0232
Toll Free 800-334-8966
Fax 336-230-1946

Type: Subsidiary
On the web: http://www.ugcorp.com
Employees: 3,468

Protecting against mortgage credit losses has put United Guaranty in a tough spot. United Guaranty offers mortgage guaranty insurance to lenders for first and second mortgages. The company, which operates as AIG United Guaranty, also offers other financial products and services to assist mortgage lenders and investors, including mortgage conduit and mortgage fraud recovery services and student loan default insurance. Through its troubled parent company, insurance giant American International Group (AIG), United Guaranty has offered clients access to a range of insurance and financial services. The company operates both domestically and internationally.

Key numbers for fiscal year ending December, 2007:
Sales: $1,043.0M

Officers:
Chairman: Martin J. Sullivan
CEO: R. Eric Martinez Jr.
EVP, CFO, and Treasurer: Hal G. (Tripp) Waddell III

Competitors:
Genworth Mortgage Insurance
MGIC Investment
Radian Group

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