AIG at a Glance Brochure - AIG.com

United Guaranty Corporationis a marketplace leader in mortgage insurance in the U.S.Risk-based PricingEvery borrower’s situation is different. Shouldn’t their mortgageinsurance cost be as well? As an alternative to the industry’spervasive “one size fits all” model, we pioneered true risk-basedpricing, which looks at a comprehensive range of risk attributes togenerate a unique mortgage insurance cost on every loan. Thisnew way of thinking has paid off for low-risk borrowers, savingthem more than $160 million since 2009 compared tothe traditional approach.• Developed the industry’s first risk-based pricing option,expanding housing loan eligibility for consumers• Helped keep over 28,000 families in their homes in2012 by working with them to get current on theirmortgages• Worked with mortgage lenders and servicers to helpmore than 52,000 families refinance their mortgagesunder HARP and HARP 2 between April 2009 andFebruary 2013• Provides mortgage insurance and reinsuranceproducts in South Korea and Hong Kong, withadditional operations in Europe and Mexico