MGIC Investment Corp

• Country

  United States of America

• Sector

  Financials

• Industry group

  Financial Services

• Industry

  Financial Services

• Sub-sector

  Financials

• Capitalization (millions of $)

  5323.2

• Ticker

  MTG.N

• ISIN

  US5528481030

• IPO date

  1991-08-06

• Availability on Russian exchanges

  Yes

• Reporting for

  2024-02-21

• Date fact. publication of reports

  2023-12-31

MGIC Investment Corporation is a holding company. The Company, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The Company provides mortgage insurance to lenders throughout the United States and to government-sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. Primary insurance provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure or sale approved by the Company. Through certain other non-insurance subsidiaries, the Company also provides various services for the mortgage finance industry, such as contract underwriting, analysis of loan originations and portfolios, and mortgage lead generation. The Company's subsidiaries include Mortgage Guaranty Insurance Corporation (MGIC) and MGIC Indemnity Corporation (MIC).