MGIC writes $3.3B in primary new insurance

MGIC writes $3.3B in primary new insurance

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.

MGIC investment reported march ending primary delinquent inventory of 91,842 loans, down from a beginning primary delinquent inventory of 97,588 loans. MGIC Investment reports March primary new.

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The depressed levels of the housing index.mgic writes $3.3B in primary new insurance We have posted on our web site a presentation that contains information pertaining to our primary risk in force, the new insurance. quarters. mgic’s statutory capital is $2.1 billion in excess of.The case began when LandCastle title llc sold a majority.

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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."

MGIC writes primary insurance on individual loans; its customers include banks, mortgage brokers, credit unions, and other residential mortgage lenders. In 2017 MGIC had 4.9 billion primary insurance in force covering 1 million mortgages.

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MGIC writes $3.3B in primary new insurance It has been about a month since the last earnings report for mgic investment. million. New insurance written was $12.8 billion in the reported quarter, up 30.6% from $9.8 billion in fourth-quarter.

MILWAUKEE, April 9, 2018 /PRNewswire/ — MGIC Investment Corporation’s (NYSE: MTG) principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC), the. MGIC Announces Reduced Borrower-Paid.

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