MGIC writes $2.1B in new primary mortgage insurance

September 2, 2010 2 Comments . Last year, MGIC Investment Corp. was the top mortgage insurance company in the United States, with $1.32 billion in direct insurance premium written, per the III. The Milwaukee-based insurance company claimed a healthy 24.2% of total market share and nearly doubled the volume of the second largest mortgage insurer.

Sept 28 (Reuters) – MGIC Investment Corp said mortgage financier. used by its primary regulator, the Wisconsin Insurance Commissioner (OCI), to gauge the health of an insurer. The company said it.

Monthly Premiums. MGIC’s borrower-paid Monthly MI premiums are MGIC’s most widely used option, serving the broadest audience. When monthly premiums are cancelled, the monthly mortgage payment is reduced by the amount of the MI premium. Coverage Coverage is provided through the date MI is cancelled.

Black Knight: Cash-out refis up 68% since 2Q 2014 FHFA extends HARP to 2015 House extends national flood insurance program Consumer confidence hits six-month low Update 8/1/18: Following a House vote last week and a Senate vote yesterday, the National Flood Insurance Program has been extended for four. a provision for “straight re-authorization” to extend.The HARP® refinance program has been extended for a minimum of two more years according to FHFA who put out the announcement today. Before the announcement, the HARP® program was set to expire at the end of 2013, but now the program will continue until the end of 2015.Cash-out refinances were up 68% year-over-year from the second quarter of 2014, as borrowers take advantage of still-low rates and newfound equity in their homes, according to Black Knight Financial Services.. This is the highest volume of cash-out refinancing in five.

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. This comes after last.

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MGIC joins the fray with its own black box mortgage insurance engine MGIC Investment Corp. responded to the broad-based roll out of "black box" pricing engines from the other mortgage insurers by bringing its version to market.

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MGIC reported its seventh straight quarterly loss today and disclosed that it was actively seeking capital to ensure it can continue to write new mortgage insurance policies.. The Milwaukee-based private mortgage insurer reported a first quarter net loss of $184.6 million, up sharply from $34.5 million a year ago.

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Monthly Premiums. MGIC’s borrower-paid Monthly MI premiums are MGIC’s most widely used option, serving the broadest audience. When monthly premiums are cancelled, the monthly mortgage payment is reduced by the amount of the MI premium. Coverage Coverage is provided through the date MI is cancelled.

MGIC writes $2.1B in new primary mortgage insurance mgic investment corporation (nyse: mtg) is the parent company of Mortgage Guaranty Insurance Corporation (MGIC), a preeminent mortgage insurer. Established in 1957, MGIC is not only the leader, but also the founder of an industry that has helped millions of families achieve the dream of.