FGIC Company Description
Financial Guaranty Insurance Company (FGIC), like a superhero, secures the city ... well, secures the city bonds, anyway. The company provides credit enhancement on public finance (including transportation, state and local leases, and municipal electric utility), structured finance (asset-backed securities including mortgage and consumer loans), and global infrastructure and utility securities. FGIC typically guarantees the scheduled payments of principal and interest on an issuer's obligation. Founded in 1983, the company is owned by investors including mortgage guaranty insurer The PMI Group
View the Comprehensive Company Description for FGIC
The Company Description provides a historical perspective of FGIC's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of FGIC's evolution in the marketplace.
