WINSTON-SALEM, N.C., Nov. 27 /PRNewswire-FirstCall/ -- Triad Guaranty
Inc. (Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has hired Claudia E. Wood, Ph.D., as Vice President, Risk
Modeling and Research, effective immediately. Wood will report to Ken
Foster, Executive Vice President, Structured Transactions and Business
Development in carrying out her responsibilities.
Wood will be responsible for strengthening Triad's mortgage analytics,
enhancing existing mortgage insurance products and designing new vehicles
for structured transactions.
"Claudia brings extensive experience in model development, pricing
analysis and credit enhancement structuring," stated Ken Foster, Executive
Vice President, Structured Transactions and Business Development. "Her
analytical skills will prove invaluable as we direct more resources to this
critical and growing part of our business."
Wood was previously with Freddie Mac, McLean, VA, where she served as
Principal Economist and most recently as Senior Director, Risk Analysis.
Wood has held positions with Citibank Credit Card Services, Inc., Fannie
Mae, and Cornell University Department of Consumer Economics and Housing.
Wood holds a Ph.D. in Consumer Economics and Housing from Cornell
University and MBA and BA degrees from Lehigh University.
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 of Triad Guaranty Inc., +1-800-451-4872 ext. 1122, or
jschwartz@tgic.com
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