Triad's Unprecedented Captive Reinsurance Program Available in Maine; LEAP(SM) (Lower Entry-Additional Profitability) Creates New Opportunities for Lenders.

PR Newswire | October 11, 1999 | Copyright

WINSTON-SALEM, N.C., Oct. 11 /PRNewswire/ -- Darryl W. Thompson, President & CEO of Triad Guaranty Inc. (Nasdaq: TGIC), the parent company of Triad Guaranty Insurance Corporation, announced today that Maine has reviewed Triad's unprecedented LEAP(SM) (Lower Entry -- Additional Profitability) program and will now accept applications under the structure. "This decision is a win-win-win ... for Maine, Triad and the lending community," stated Mr. Thompson.

LEAP is an "excess of loss" mortgage reinsurance program that provides lenders an opportunity to enhance short-term ...

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