MGIC writes $3.3B in primary new insurance

MGIC Investment Corporation wrote $3.6 billion in primary new insurance in March, ending the month with 72,236 delinquencies on file compared to 75,471 at the start.. MGIC writes $3.3B in. MGIC, the nation’s largest private mortgage insurer, released its monthly earnings report tuesday , revealing $1.7 billion in new insurance written during the month of April.

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, is the nation’s leading provider of private mortgage insurance coverage with $179.0 billion primary insurance in force.

Mortgage insurance by MGIC – whether borrower paid or lender paid – helps you serve your customers by making homeownership more affordable for them.

Patrick Sinks, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "In the first quarter our insurance in force increased primarily due to strong persistency and the addition of $10.1 billion of high quality new insurance writings. The current conditions of the employment and housing markets contributed to the continued decline in the primary delinquent inventory and low level of new delinquent notices received."

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The seven companies are as follows: Mortgage Guaranty Insurance Corporation (NASDAQ:MGIC. of primary insurance in. Patrick Sinks, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "In the first quarter our insurance in force increased primarily due to strong persistency and the addition of $10.1 billion of high quality new insurance writings.

We have posted on our website a presentation that contains information pertaining to our primary risk in force and new. of the writing company. Regarding MGIC’s ability to pay quarterly dividend,

MGIC Writes More MI in August, Delinquencies Down sep 7 2011, 10:22AM MGIC announced its monthly operating statistics today for August, showing an increase in mortgage insurance and a decrease in.

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MILWAUKEE, May 8, 2019 /PRNewswire/ – MGIC Investment Corporation MTG, + 1.76% today issued an Operational Summary of its insurance subsidiaries for the month of April 2019 for their primary. We currently expect to continue to report annual. outweighing the legacy mortgage book (pre-2008).

MGIC Customer Service, customer_service@mgic.com or 1.800.424.6442 When borrowers miss a second consecutive payment, it triggers a chain of events. MGIC helps you follow the links of the chain toward curing the default, or if need be, filing and settling a claim.

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Forward Looking and Other Statements Through our subsidiary MGIC, we are a leading provider of PMI in the United States, as measured by $200.7 billion of primary IIF at June. prevent us from.