Company Information
About MGIC Investment Corporation
MGIC, the principal subsidiary of MGIC Investment Corporation, is a private mortgage insurer that serves lenders throughout the United States, and Puerto Rico. Our strength comes from our history, leadership, and co-worker commitment to providing quality products and best-in-class customer service.
Strength Ratings
Mortgage Guaranty Insurance Corporation (MGIC)
| Agency | Rating | Outlook | Affirmed |
|---|---|---|---|
| AM Best | A- | Stable | 09/04/2018 |
| Moody's | Baa2 | Stable | 08/17/2017 |
| Standard and Poor's | BBB+ | Stable | 02/15/2017 |
Mortgage Indemnity Corporation (MIC)
| Agency | Rating | Outlook | Affirmed |
|---|---|---|---|
| AM Best | A- | Stable | 09/04/2018 |
| Moody's | Baa2 | Stable | 08/17/2017 |
| Standard and Poor's | BBB+ | Stable | 02/15/2017 |
Credit Ratings
MGIC Investment Corporation (MTG)
Senior Unsecured Debt Ratings
| Agency | Rating | Outlook | Affirmed |
|---|---|---|---|
| Moody's | Ba2 | Stable | 08/17/2017 |
| Standard and Poor's | BB+ | Stable | 02/15/2017 |
Analysts
| Agency | Analyst | Phone |
|---|---|---|
| Moody's | Robert Garofalo | 212-553-4663 |
| Standard and Poor's | David Veno | 212-438-2108 |
History
Originally formed in 1957 by Milwaukee real estate attorney Max Karl, MGIC was established to provide an innovative, affordable alternative for families wanting to buy a home with less than a 20 percent down payment. With a focus on sustainable homeownership, MGIC provides a critical component of our country's residential mortgage finance system by protecting mortgage investors from credit losses.
Learn more about Max Karl and MGIC
Careers
MGIC is an equal opportunity employer.
Our home office is based in Milwaukee, WI with regional positions listed as they are available.