tgic.com
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Triad Home TAXI Company Contacts Privacy Policy Announcements Homeowner Affordability and Stability Plan Homeowners Servicers Servicer Forms Investor Relations Plan of Rehabilitation FAQ Welcome to Triad Guaranty Insurance, In Rehabilitation ANNOUNCEMENTS: 05/26/2015 MILAR Reporting 07/22/2013 Memorandum in Support of Rehabilitator's Petition for Approval of Plan of Rehabilitation for Triad 07/22/2013 Triad Notice of Hearing 07/22/2013 Triad Petition for Approval of Plan of Rehabilitation 04/15/2013 Please send Freddie Mac Form 1207 to: FM-SVC-InfoRelease@tgic.com 01/18/2013 New Office Hours 09/24/2012 Foreclosure bidding update for Fannie Mae-owned loans. See page 31 of manual. See More Announcements in the Archives On December 11, 2012, the Circuit Court of Cook County, Illinois, Chancery Division (“Supervising Court”) entered an Agreed Order of Rehabilitation, which placed Triad Guaranty Insurance Corporation (“TGIC”) into Rehabilitation and affirmed the Illinois Director of Insurance (“DOI”) as its statutory rehabilitator, vesting the DOI with possession and control of the rehabilitation estate of TGIC. By virtue of the Agreed Order of Rehabilitation, Triad Guaranty, Inc. (“TGI”) and its board of directors no longer governs or controls TGIC or its business and affairs. Prior to Rehabilitation TGIC ceased issuing commitments for new business on July 15, 2008 and entered into voluntary run-off. The DOI’s Plan of Rehabilitation (“Plan”) was approved by the Supervising Court on October 29, 2013. A copy of the Plan may be found at http://www.osdchi.com/ProposedPlan.htm. The Plan implements Illinois’ statutory schedule of priorities for the ratable distribution (i.e payment) of an insolvent insurance company’s assets. Under the Plan policyholders continue to file claims in the same manner as before. The terms of the Plan direct claims for loss, unearned premium and return of premium to be paid to the insured at the rate of 75% of the amount determined to be due, and a deferred payment obligation (“DPO”) to be recorded for the remaining 25% of the amount due. As stated in the Plan, a detailed forecast was prepared that projected financial results through the year 2020. Triad Guaranty Insurance Corporation, In Rehabilitation 101 South Stratford Road Winston Salem, NC 27104 336-723-1282 / 800-451-4872 conditions of use Copyright © 2010 Triad Guaranty Inc. All Rights Reserved.
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