MGIC: Primary new mortgage insurance continues to drop

Nov 9 (Reuters) – MGIC Investment Corp will be able to continue selling mortgage insurance throughout the United States after the company agreed to pay 7.5 million to Freddie Mac to settle a.

MGIC also today issued an Operational Summary of its insurance subsidiaries for the month of June 2019 for their primary mortgage insurance. The summary is also available on the company’s investor.

As of December 31, 2014, MGIC’s primary insurance in force was $164.9 billion, compared with $158.7 billion at December 31, 2013, and $162.1 billion at December 31, 2012. The fair value of MGIC Investment Corporation’s investment portfolio, cash and cash equivalents was $4.8 billion at December 31, 2014 , compared with $5 .2 billion at December 31, 2013 , and $5.3 billion at December 31, 2012 .

"We are excited to be working with BlueSage Solutions to bring the newest MGIC offerings to our mutual customers," said Margaret Crowley, Vice President of Marketing and Customer Experience at MGIC. "As we continue to define new ways of supporting the private mortgage insurance needs of our customers, partners like BlueSage are creating.

Former MBA Chairman David Kittle joins ComplianceEase Freddie Mac completes first small pool sale of deeply delinquent mortgages Government-backed mortgage company Freddie Mac (FMCC) is selling $410 million of deeply delinquent U.S. home loans in its second sale of the debt. Buyers are bidding on three pools of loans, with unpaid principal balances of $160 million, $141 million and $109 million respectively, according to loan broker Mission Capital Advisors.ComplianceEase appointed a former chairman of the Mortgage Bankers Association to the role of senior vice president of government and industry relations. In this role, he will oversee the company’s interactions with federal and state regulators, GSEs, capital markets participants and mortgage industry groups.

Primary Credit Analysts: Ron A Joas, CPA, New York (1) 212-438-3131; ron.joas@standardandpoors.com. even as their delinquency inventories continue to drop year-over-year.. and issuer credit ratings (icr) on Mortgage Guaranty Insurance Corp. (MGIC) and MGIC Indemnity Co. (MIC) to ‘BB’ from.

MGIC Hires Lisa Lanik – Account Manager for Tennessee. Ms. Lanik brings more than 23 years of mortgage industry experience to her new role, with an extensive background in mortgage financing.

Half a Million Foreclosed Properties Face Hurricane Damage Hurricane Irma has claimed her first victims on the US mainland as the eye of the superstorm slammed into Florida’s southern peninsula on Sunday. The deadly storm strengthened into a category.

"As we continue to define new ways of supporting the private mortgage insurance needs of our customers. At April 30, 2019, MGIC had $212.5 billion of primary insurance in force covering over one.

Mortgage Guaranty Insurance Corporation "MGIC. by making affordable low-down-payment mortgages a reality. At April 30, 2019, MGIC had $212.5 billion of primary insurance in force covering over one.

FHA to raise insurance premiums in April The fee cuts, which take effect April 9, are part of an Obama administration effort to spur the economy by helping homeowners take advantage of historically low mortgage interest rates. The changes.

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.

MILWAUKEE, June 10, 2019 /PRNewswire/ — MGIC Investment Corporation today issued an Operational Summary of its insurance subsidiaries for the month of May 2019 for their primary mortgage insurance.

California Bay Area home sales hit 5-year high Bay Area home sales typically take a big hit between December and January but. Updated Mar 1, 2019, 5:51pm EST. year-over-year gain in the Bay Area's median sale price in January.. StarCity's 803-unit high-rise "co-living" tower planned for downtown. Your California Privacy Rights; |; Ad Choices.

MGIC provides private mortgage insurance (PMI), enabling buyers to get the keys to their home with less than 20 percent down, or to be smart with their savings, setting money aside for renovations.