MGIC Investment Corporation Schedules 4th Quarter 2014 Earnings Call and Releases Monthly Operating Statistics
Individuals interested in joining over the phone should dial 1-866-238-1422 ten minutes before the conference call begins. The call is also being webcast and can be accessed via the company's website http://mtg.mgic.com under Investor Information. A replay of the webcast will be available on the company's website through
MGIC also today issued an Operational Summary of its insurance subsidiaries for the month of
The information concerning new notices and cures is compiled from reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and by transfers of servicing between loan servicers.
December 2014 |
||
Primary New Insurance Written (Billions) |
$3.3 |
|
Beginning Primary Delinquent Inventory (# of loans) |
80,125 |
|
Plus: New Notices |
7,371 |
|
Less: Cures |
5,781 |
|
Less: Paids (including those charged to a deductible or captive) |
1,736 |
|
Less: Rescissions and Denials (1) |
78 |
|
Ending Primary Delinquent Inventory (# of loans) |
79,901 |
(1) Refer to our Form 10-Q filed with the Securities and Exchange Commission on November 7, 2014 for information about our suspension of certain rescissions and the number of rescissions suspended as of September 30, 2014. |
About MGIC
MGIC (www.mgic.com), the principal subsidiary of
From time to time
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SOURCE
Investor Contact: Michael J. Zimmerman, (414) 347-6596, mike_zimmerman@mgic.com, Media Contact: Katie Monfre, (414) 347-2650, katie_monfre@mgic.com