MGIC Releases Monthly Operating Statistics
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.
January 2014 |
|||
Primary New Insurance Written (Billions) |
$1.7 |
||
Beginning Primary Delinquent Inventory (# of loans) |
103,328 |
||
Plus: New Notices |
9,365 |
||
Less: Cures |
7,745 |
||
Less: Paids (including those charged to a deductible or captive) |
2,393 |
||
Less: Rescissions and Denials(1) |
204 |
||
Ending Primary Delinquent Inventory (# of loans) |
102,351 |
||
(1) Refer to our Form 8-K filed with the Securities and Exchange Commission on January 23, 2014 for information about our suspension of certain rescissions and the number of rescissions suspended as of December 31, 2013. |
|||
About MGIC
MGIC (www.mgic.com), the principal subsidiary of
From time to time
SOURCE
Investor Contact: Michael J. Zimmerman, (414) 347-6596, mike_zimmerman@mgic.com; Media Contact: Katie Monfre, (414) 347-2650, katie_monfre@mgic.com