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Mgic Investment Corp(MTG-N)
NYSE

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Real-Time Last Update Last Sale Cboe BZX Real-Time
Day Low25.53
Day High25.97
Open:25.88
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MGIC Investment (MTG) Receives a Hold from KBW
Analysts Offer Insights on Financial Companies: MGIC Investment (MTG), Banca Mediolanum SpA (OtherBNMDF) and Cullen/Frost Bankers (CFR)
MGIC Investment Corp Earnings Call Highlights Capital Strength
MGIC Shareholders Back Directors, Pay Plan and Auditor
MGIC Investment (MTG) Gets a Hold from Barclays
MGIC Investment Corp’s Investment Portfolio Faces Heightened Credit, Interest Rate, and Valuation Risks

Profile

MGIC Investment Corp. is the parent company of Mortgage Guaranty Insurance Corporation, a private mortgage insurer. It established the private mortgage insurance industry to provide a private market alternative to federal government insurance programs for families wanting to buy a home. With a focus on sustainable home ownership, MGIC Investment provides a critical component of the country's residential mortgage finance system by protecting mortgage investors from credit losses. MGIC Investment Corporation primarily covers single-family, first-time mortgage loans by providing primary insurance to cushion lenders against non-payment of individual loans and expands home ownership opportunities by enabling people to purchase homes with smaller down payments. Through its wholly-owned subsidiaries, the company provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company offers mortgage insurance via Primary Insurance and Other Insurance.