icon Media Releases

October 11, 2016
United Guaranty Announces Disaster Policy for Hurricane Matthew
Forbearance measures provide flexibility for homeowners coping with severe property damage.

GREENSBORO, NC, October 11, 2016—As a result of widespread damage from Hurricane Matthew, United Guaranty has initiated a disaster policy and will work with mortgage lenders and servicers to provide flexibility for borrowers in declared disaster areas who are experiencing severe property damage and interrupted employment.

Read more

September 1, 2016
Second Annual National Mortgage Professional Month Celebrates the Pros Dedicated to "MIssion Possible—Helping More People Buy Homes"
Throughout September, United Guaranty will hold drawings for hundreds of prizes to express its appreciation for the work and dedication of loan officers, processors, underwriters, and credit union mortgage originators.

GREENSBORO, NC, September 1, 2016—September is National Mortgage Professional Month for the second year in a row as United Guaranty celebrates "MIssion Possible: Helping People Buy Homes" to spotlight the hard-working professionals across the country who are dedicated to helping families and individuals purchase homes.

Read more

August 19, 2016
United Guaranty Announces Disaster Policy for Louisiana Flooding
Forbearance measures provide flexibility for homeowners coping with severe property damage.

Greensboro, NC—August 17, 2016—With tens of thousands of homes sustaining damage from flooding in Louisiana, mortgage insurer United Guaranty has initiated a disaster policy and will work with mortgage lenders and servicers to provide flexibility for borrowers in the declared disaster area who are experiencing severe property damage and interrupted employment.

Read more

May 9, 2016
AIG Secures Approximately $300 Million of Indemnity Reinsurance Coverage for Mortgage Insurance Portfolio from 2008 and Earlier
The transaction transfers risk to investors and is believed to be the first of its kind involving policies from 2008 and prior years.

NEW YORK – May 9, 2016—American International Group, Inc. (NYSE:AIG) today announced that its mortgage insurance business United Guaranty Corporation (UGC) obtained $298.6 million of indemnity reinsurance from Bellemeade Re II Ltd., a special purpose insurer, for a portfolio of mortgage insurance (MI) policies issued in 2008 and prior years.

Read more

March 1, 2016
United Guaranty Introduces MI NOW Mobile App, the Fastest Way to Get a Rate Quote
Designed in consultation with mortgage loan officers, the MI NOWSM mobile app enables mobile users to establish a solid rate quote by leveraging United Guaranty's Secure Quote®.

GREENSBORO, NC, March 1, 2016—United Guaranty is introducing its MI NOWSM mobile phone app—the fastest way to get a rate quote with the benefits of Performance Premium® pricing. The free download for iPhones is now available to United Guaranty MI Guide® users at the Apple App store.

Read more

February 24, 2016
United Guaranty is the Number One Mortgage Insurance Company for the Fifth Consecutive Year
Sales in 2015 surpassed previous record on the strength of risk-based pricing that delivers savings and a dedication to delivering the highest level of customer service in the industry.

GREENSBORO, NC, February 24, 2016—United Guaranty Corporation is the number one mortgage insurance (MI) company in terms of traditional New Insurance Written (NIW) for the fifth year in a row, according to Inside Mortgage Finance, a leading industry publication.

Read more

November 10, 2015
United Guaranty Puts Information Security Management Systems to the Test to Earn Globally Recognized ISO/IEC 27001 Certification
Earning ISO/IEC 27001 Certification required multiple on-site reviews and exhaustive audits by an independent firm

GREENSBORO, NC, November 10, 2015—Demonstrating its commitment to the highest standards for information security management, United Guaranty has earned ISO/IEC 27001 certification, a globally recognized standard for managing information security risk.

Read more

October 9, 2015
United Guaranty Announces Disaster Policy in Response to Flooding in South Carolina Region
Forbearance measures provide flexibility for homeowners coping with severe property damage.

GREENSBORO, NC, October 9, 2015—With large numbers of homes sustaining damage from floods that swept through South Carolina, mortgage insurer United Guaranty has initiated a disaster policy and will work with mortgage lenders and servicers to provide flexibility for borrowers in the declared disaster area who have encountered severe property damage and interrupted employment.

Read more

August 18, 2015
September Named National Mortgage Professionals Month in Honor of Those Dedicated to Turning Houses into Homes
As part of National Mortgage Professionals month, share your story for a chance to win a prize. United Guaranty will award up to 240 prizes to loan officers, processors, underwriters, and credit union mortgage originators.

GREENSBORO, NC, August 18, 2015—To honor the efforts of the thousands of professionals nationwide who have dedicated their working lives to helping families and individuals achieve the dream of home ownership, United Guaranty successfully initiated an effort to have September officially recognized as National Mortgage Professionals Month.

Read more

August 6, 2015
AIG Secures Approximately $300 Million of Indemnity Reinsurance Coverage for Mortgage Insurance Risks
Transaction Expands Use of Insurance Linked Securities (ILS) to Mortgage Insurance Business

NEW YORK—(BUSINESS WIRE)—Aug. 6, 2015— American International Group, Inc. (NYSE:AIG) today announced that its mortgage insurance business United Guaranty Corporation (UGC) obtained $298.9 million of indemnity reinsurance from Bellemeade Re Ltd., a Bermuda-domiciled special purpose insurer, for a portfolio of mortgage insurance (MI) policies issued from 2009 through the first quarter of 2013.

Read more

June 25, 2015
United Guaranty Helping Home Buyers with Down Payment Options, Free Education, and Resources

Increases in housing costs may price some borrowers out of their desired homes, neighborhoods. United Guaranty Corporation is helping renters become homeowners with flexible down payment options and education to enable young families and individuals to use mortgage insurance to take advantage of the substantial savings a home purchase can provide

June 9, 2015
United Guaranty Announces Disaster Policy in Response to Texas and Oklahoma Storms

With thousands of homes sustaining damage from storms in Texas and Oklahoma in late May, mortgage insurer United Guaranty has initiated a disaster policy and will work with mortgage lenders and servicers to provide flexibility for borrowers who have encountered severe property damage and interrupted employment.

May 18, 2015
United Guaranty Adds Mimi Eaton to Strategic Accounts Team

The Strategic Accounts Team is dedicated to serving large-volume customers with the best customer service in the mortgage insurance (MI) industry. Team members work collaboratively with the leadership of lender customers to develop and enhance solutions to meet the needs of borrowers.

April 20, 2015
United Guaranty Responds to Final PMIERs Rules

The highest-rated, GSE-approved mortgage insurer, United Guaranty will be fully compliant with PMIERs on the effective date, December 31, 2015.

March 30, 2015
United Guaranty Appoints Regional Vice Presidents for Heartland and West Regions

United Guaranty Corporation has named Susan King Regional Vice President of the West Region and Amy Butler Regional Vice President of the Heartland Region.

February 17, 2015
United Guaranty Leads Mortgage Insurance Industry for Fourth Consecutive Year

Top ranking reflects mortgage industry’s support for the company’s customer-focused initiatives and risk-based pricing.

January 9, 2015
United Guaranty Statement on FHA Policy Shift Regarding Mortgage Insurance Premiums

United Guaranty is supportive of the role of the Federal Housing Administration (FHA) in extending credit to underserved markets.

September 3, 2014
United Guaranty's SecureCert MI Program Provides Maximum Rescission Relief

New post-close review options build on pioneering CoverEdge rescission relief product introduced by United Guaranty in 2011.

June 25, 2014
Lenders Will Gain Certainty, Flexibility with New United Guaranty Master Policy in October

Only United Guaranty’s master policy provides enhanced clarity and an unambiguous written record with its first-in-the-industry Policy Commitment Letter.

June 12, 2014
Private Mortgage Insurance: What Borrowers Should Know Before Shopping for a New Home

Mortgage insurance offers the flexibility of lower down payments with a range of plans, and it’s cancellable—unlike some FHA coverage.

May 15, 2014
United Guaranty's Underwriters Set Record with 24-Hour Turnaround on 97 Percent of Applications

Underwriting teams at United Guaranty Corporation are surpassing previous corporate records by achieving 24-hour turnaround 97 percent of the time on full-file applications for mortgage insurance (MI). The teams averaged 97 percent in the first quarter of 2014 after averaging 95 percent through the second half of 2013.

April 3, 2014
Tom Parrent Joins United Guaranty as Chief Risk Officer

United Guaranty Corporation has named Tom Parrent Chief Risk Officer (CRO). Parrent comes to United Guaranty from American International Group, Inc. (AIG), where he had been Senior Managing Director of Asset Risk Analytics within Corporate Enterprise Risk Management since 2012.

February 6, 2014
United Guaranty Master Policy Provides Unparalleled Clarity and Certainty

United Guaranty is introducing a new first lien mortgage insurance master policy that strengthens customer relationships with a first-in-the-industry Policy Commitment Letter—specific to each lender—that clearly defines each party’s roles and responsibilities, adding certainty and flexibility.

August 5, 2013
United Guaranty Marks 50th Anniversary with Employee Volunteer Initiatives

United Guaranty Corporation is celebrating its 50th anniversary throughout the year with employee volunteer initiatives in all five of the company's offices nationwide. United Guaranty was founded in 1963 with three employees in a downtown Greensboro office. Now one of the largest U.S. mortgage insurance providers in the industry, United Guaranty has more than 1,200 employees worldwide, including nine offices in Europe, Asia and Latin America.

May 21, 2013
United Guaranty Names Brian Gould Chief Operating Officer

United Guaranty Corporation has named Brian Gould Chief Operating Officer (COO). Gould, who joined the company in 1999, now oversees underwriting, claims, loss mitigation, customer support, and business analytics, as well as the company’s service operations and enterprise services groups. Gould also has functional oversight of these areas for United Guaranty’s international businesses.