Surety provider MBIA has narrowed down its search for a replacement servicer for Union Acceptance Corp.'s retail auto loan portfolio.

Apparently, MBIA is looking at two potential suitors. Meanwhile, Union Acceptance successfully petitioned the U.S. Southern District Bankruptcy Court of Indiana for an extension of the order restraining MBIA from forcing a servicing transfer to Dec. 16, from the initial Dec. 2 deadline, according to a company spokeswoman.

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