Addition to National Accounts Team to Cover Northwest
WINSTON-SALEM, N.C., May 16 /PRNewswire-FirstCall/ -- Triad Guaranty Inc.
(Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has hired Mary A. Morehead as Vice President, National Accounts,
effective immediately.
In her new position, Morehead will be responsible for sales and business
development of national accounts in Triad's Northwest region. She will report
to Doug Beaty, Senior Vice President, National Sales Manager, in carrying out
her responsibilities and be based in Seattle, Washington.
"We are very excited about having someone of Mary's talents and experience
joining Triad," stated Beaty. "She brings a significant amount of mortgage
banking experience complemented by a thorough knowledge and understanding of
capital markets. She's a great addition to the National Accounts Team."
Morehead has over 30 years of mortgage related experience, most recently
as Mortgage Purchase Program Relationship Manager for the Federal Home Loan
Bank of Seattle, Seattle, Wash. Previously she held various management
positions with the California Federal Bank and Washington Mutual Bank. She
was also President and Owner, Mary Morehead & Associates, Inc., a mortgage
brokerage/consulting company assisting in the placement of mortgage loans in
the secondary market for banks, S&Ls, Wall Street firms and mortgage bankers.
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of Triad
Guaranty Inc., is a nationwide mortgage insurer providing mortgage insurance
(MI) to residential mortgage lenders. Private MI makes homeownership available
to buyers with equity of less than 20%, facilitates the sale of mortgage loans
in the secondary market and protects lenders from default-related expenses.
For more information, please visit the company's web site
at http://www.triadguaranty.com .
SOURCE Triad Guaranty Insurance Corporation
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Related links:
http://www.traidguaranty.com
CONTACT:
Jerrold C. Schwartz, Vice President,
Marketing of Triad Guaranty, +1-800-451-4872, ext. 1122, or
jschwartz@tgic.com
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