MGIC INVESTMENT CORPORATION
Latest Quote @ Wed May 5 22:52:24 (15 min delayed)
Last Day's Data
MGIC Investment Corporation, through its wholly owned subsidiary, provides private mortgage insurance to lenders and government sponsored entities in the United States. The private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes with less than 20% down payments. The company provides various services for the mortgage finance industry, such as contract underwriting, and portfolio analysis and retention, secondary marketing of mortgage-related assets, and mortgage loan origination and fulfillment services. It also provides an Internet portal, through which mortgage originators can access products and services of wholesalers, investors, and vendors to make a home mortgage loan. The company's customers include originators of residential mortgage loans, such as mortgage bankers, savings institutions, commercial banks, mortgage brokers, credit unions, and other lenders. MGIC Investment was founded in 1984 and is based in Milwaukee, Wisconsin.