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Q4 2023

MGIC Investment
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Q4 2023

1 Feb, 2024
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Q3 2023

1 Nov, 2023
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MGIC Investment Corporation provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. The primary operations of the Company are conducted by its mortgage insurance subsidiaries, Mortgage Guaranty Insurance Corporation (MGIC) and MGIC Indemnity Corporation. Its products and services cover single-family first mortgages, first-loss coverage for residential lending portfolios, portfolio risk assessment and servicers' support. Its principal business is to provide financial guaranty insurance policies under which it agrees to reimburse lenders for the losses they suffer on covered loans.