WINSTON-SALEM, N.C., March 7 /PRNewswire-FirstCall/ -- Triad Guaranty
Inc. (Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has joined with Fiserv, Inc. to offer its various mortgage
insurance programs through Fiserv's UniFi PRO loan origination system.
Approved lenders can now use the UniFi PRO loan origination system to
submit mortgage insurance applications to Triad, reducing time and cost in
the origination process.
"At Triad, we believe that technology initiatives should solve customer
problems, give clients more choices and flexibility and reduce friction
within the origination process," stated George Jackson, Triad's Vice
President, Information Services. "Measured against these criteria, our
decision to integrate with Fiserv was an easy one."
Mr. Jackson added, "UniFi PRO is a widely used LOS with robust
processing capabilities and supported by multiple databases. It also is
compliant with MISMO (Mortgage Industry Standards Maintenance Organization)
specifications."
About Triad Guaranty Insurance Corporation
Triad Guaranty Inc.'s wholly owned subsidiary, Triad Guaranty Insurance
Corporation, 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, Triad Guaranty Insurance Corporation, +1-336-723-1282
ext. 1122, jschwartz@tgic.com
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