MGIC Investment Corporation

MGIC Investment Corporation is a leading provider of private mortgage insurance and other mortgage credit risk management solutions in the United States. Through its subsidiaries, the company offers essential protection to lenders against borrower defaults on residential mortgage loans. Its core product, primary mortgage insurance, covers the unpaid principal balance, delinquent interest, and expenses incurred during the default and foreclosure process for individual loans. Beyond primary insurance, MGIC also provides pool insurance for transactions in the secondary mortgage market, offering a broader risk mitigation strategy for securitized loan portfolios. The company further diversifies its offerings with contract underwriting services, leveraging its expertise to assist lenders with loan approval processes, and reinsurance services, enabling other insurers to manage their risk exposure. MGIC serves a broad spectrum of mortgage originators, including savings institutions, commercial banks, credit unions, mortgage bankers, and mortgage brokers, playing a critical role in facilitating homeownership by reducing lender risk and enabling access to financing for a wider range of borrowers. Established in 1957 and headquartered in Milwaukee, Wisconsin, MGIC has built a long-standing reputation for its specialized expertise in managing mortgage credit risk.