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MGIC Investment Corp

MGC:BRN

MGIC Investment Corp

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About the company

MGIC Investment Corporation is a holding company. The Company, through its wholly owned subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The Company's mortgage insurance product offers Primary Insurance and Pool and Other Insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. Pool insurance is generally used as an additional credit enhancement for certain secondary market mortgage transactions. Pool insurance generally covers the amount of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.

  • Revenue in USD (TTM)1.19bn
  • Net income in USD762.80m
  • Incorporated1984
  • Employees627.00
  • Location
    MGIC Investment Corp250 E Kilbourn AveMILWAUKEE 53202-3102United StatesUSA
  • Phone+1 (414) 347-6480
  • Fax+1 (414) 347-6959
  • Websitehttps://www.mgic.com/
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