As international specialists in mortgage insurance (MI), AIG United Guaranty can customize MI coverage to specific features of every mortgage market in which we operate. Through collaboration with our clients in Mexico, we have developed a variety of MI programs in response to a market in constant evolution:

• 95% LTV loans Infonavit Support.
  
  
• 95% LTV loans with FOVISSSTE.
  
  
• Behavior score loans: We developed a program for loans that demonstrate consistent on-time payments.
  

In every case, AIG United Guaranty works with the lender to set up the preferred MI coverage level and to define the eligibility criteria to be met including maximum LTV, debt-to-income ratios, and income stability.

We can also tailor our MI coverage to the evolution of the Mexican mortgage market. Our MI programs address all types of mortgage products and features recently introduced by lenders in order to facilitate borrowers’ payment affordability.

In the same way, lenders can choose between two MI application models, according to their current situation and/or the condition of the mortgage market:

• Flow MI (at origination): Lenders insure new mortgage loans as they are contracted by clients. This is the most typical process, in which the loan is insured from the moment it is originated. For this case, we have developed our “delegated” insurance process by which, based on previously defined eligibility criteria for the loans, our MI coverage is directly included in the loans.
  
  
• Pool MI (existing portfolios): In this case, a lender may already have a portfolio of loans for which MI is to be incorporated. AIG United Guaranty can provide this specialized coverage, tailored to the features and specifications requested by lenders for every transaction.
  

AIG United Guaranty regularly shares with mortgage lenders its expertise and know-how in mortgage markets throughout the world. These services are tailored to each lender’s interests and needs and may include:

• Portfolio Analysis: Complementing the regular analysis of the insured portfolio of each of our clients, we put at their disposal our Stress Test Model for Mortgage Portfolio. This model, adjusted by AIG United Guaranty for the Mexican market, enables the user to value the sensitivity of the mortgage portfolio to variations in market conditions, making it a suitable tool for the lender’s risk management decision-making.
  
  
• Mortgage Market Analysis: Our experience in Mexico – together with our active participation in mortgage markets in more than 18 countries worldwide – allows us to understand market trends and opportunities and share them with our clients. We also conduct specific research upon request.