Master Policy Provides Clarity, Certainty

Policy Commitment Letter strengthens member relationships.

April 21, 2014

United Guaranty is introducing a new first-lien mortgage insurance master policy that strengthens member relationships with a Policy Commitment Letter—specific to each lender—that clearly defines each party’s roles and responsibilities, adding certainty and flexibility to the process.

United Guaranty’s master policy has been approved by Fannie Mae and Freddie Mac, and has been filed in all 50 states and the District of Columbia.

The Policy Commitment Letter clearly spells out policies and practices governing underwriting, claims, and appeals. Future updates will be sent to the lender and automatically merged into the Policy Commitment Letter to provide an enduring written record.

The Policy Commitment Letter also provides additional flexibility to enable a lender and United Guaranty to agree to reflect operational changes—and it offers an easy-to-reference, automatically updated record of those agreements.

“With our master policy and Policy Commitment Letter, United Guaranty is providing a policy that goes beyond satisfying minimum requirements to provide a level of surety and transparency that lenders and mortgage investors prefer,” says Donna DeMaio, United Guaranty’s president/CEO. “We’re getting great feedback from lenders who welcome the Policy Commitment Letter as a tool that defines the terms of our shared business relationship clearly and unambiguously.”

Visit for more information.