Loan Think

AIG Stops Reporting UGI’s MI Numbers

For some strange reason American International Group has stopped reporting the mortgage insurance activity of its MI subsidiary, United Guaranty Inc. of Greensboro, N.C. to National Mortgage News. We asked nicely, but the firm won’t tell us how many new MI policies UGI wrote in the first quarter or the volume of its insurance-in-force. Nothing much could be found in AIG’s recent 10-Q either. Two years back bottom fisher Wilbur Ross was looking to buy UGI at a fire sale price, but AIG balked on the deal…

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