In Brief: Self-Employ Add-On For United Guaranty

SAN FRANCISCO - United Guaranty Corp., the Greensboro, N.C., mortgage insurance unit of the American International Group Inc., has added a self-employment tax analysis program to its MI Guide online system.

The program, which was available on disk only, uses information from self-employed borrowers' tax returns to help lenders analyze the borrowers' income.

Tony Skipper, United Guaranty's vice president of e-business, said loan underwriting is hardest to do when working with these borrowers. This addition to MI Guide will make that job easier, he said.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER