WINSTON-SALEM, N.C., Feb. 7 /PRNewswire-FirstCall/ -- Triad Guaranty Inc.
(Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has hired David Widmoyer as Vice President, Midwest Division
Sales Manager, effective immediately. Widmoyer will report to Doug Beaty,
Senior Vice President, National Sales Manager, in carrying out his
responsibilities.
In his position, Widmoyer will be responsible for all sales and business
development in Minnesota, Wisconsin, Illinois, Indiana, Michigan, Ohio,
Kentucky, West Virginia, Missouri, Kansas, Iowa, Nebraska, North Dakota and
South Dakota.
"Dave has extensive experience at all levels of the mortgage insurance and
mortgage banking industries. He knows the territory and has well developed
relationships with key lenders", stated Doug Beaty. "He is a great addition
to Triad and I look forward to having him as part of our Field Sales Team."
Widmoyer previously worked for PMI Mortgage Insurance Company from 1997 as
Managing Director, North Central Region. From 1996 to 1997 he was employed by
Biltmore Investors Bank as Vice President of Mortgage Lending. Previous
employers include Chase Manhattan Mortgage Corporation and Fidelcor Business
Credit.
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of Triad
Guaranty Inc., is a nationwide mortgage insurer providing credit enhancement
solutions to its lender customers and the capital markets. This allows buyers
to achieve homeownership sooner, facilitates the sale of mortgage loans in the
secondary market and protects lenders from credit default-related expenses.
For more information, please visit the company's web site at
http://www.triadguaranty.com.
SOURCE Triad Guaranty Inc.
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Related links:
http://www.triadguaranty.com
CONTACT:
Jerrold C. Schwartz, Vice President,
Marketing, +1-800-451-4872, ext. 1122 or jschwartz@tgic.com, of
Triad Guaranty Inc.
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