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AIG UNITED GUARANTY MAKES STRATEGIC INVESTMENT IN PRIVATE EDUCATION LOAN FACILITATOR
Winston-Salem, NC-Based Campus Partners Provides Services to Lenders of Student Loans
GREENSBORO, NC — AIG United Guaranty,1 whose affiliate companies provide mortgage guaranty insurance, private education loan default insurance, and other financial services to the mortgage industry, has made a strategic investment in Campus Partners, which is headquartered in Winston-Salem, NC. Campus Partners provides a range of outsource services including underwriting, loan disbursement, call center functions, and loan servicing to banks and other lenders who provide education loans to consumers.
“As an insurer of private education loans, this investment is a natural fit for our company,” said Alan Atkins, president and group executive of AIG United Guaranty’s Domestic Consumer Group. “Campus Partners will provide flexible alternatives to the services currently available in the marketplace.”
Campus Partners does not compete with banks or education lenders, but rather provides services that support education lending programs.
About AIG United Guaranty
United Guaranty Corporation (AIG United Guaranty) and its subsidiaries are member companies of American International Group, Inc. (AIG). The company has been headquartered in Greensboro, North Carolina, since it was established in 1963.
Subsidiaries of AIG United Guaranty provide mortgage guaranty insurance for first and second mortgages that protects against mortgage credit losses. In addition, AIG United Guaranty’s comprehensive range of financial products and services to lenders and investors includes mortgage fraud recovery services and student loan default insurance. AIG United Guaranty’s international locations include offices in Jerusalem, Hong Kong, Taipei, Tokyo, Beijing, Seoul, London, Dublin, Milan, Madrid, Budapest, Mexico City, Toronto, and Sydney.
About AIG
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG’s common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
AIG United Guaranty media releases may be viewed on our Web site at www.ugcorp.com.
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