MGIC Releases Monthly Operating Statistics and Schedules 1st Quarter Earnings Call
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.
March 2014 |
||
Primary New Insurance Written (Billions) |
$2.0 |
|
Beginning Primary Delinquent Inventory (# of loans) |
97,588 |
|
Plus: New Notices |
6,578 |
|
Less: Cures |
9,886 |
|
Less: Paids (including those charged to a deductible or captive) |
2,296 |
|
Less: Rescissions and Denials (1) |
142 |
|
Ending Primary Delinquent Inventory (# of loans) |
91,842 |
|
(1) |
Refer to our Form 10-K filed with the Securities and Exchange Commission on February 28, 2014 for information about our suspension of certain rescissions and the number of rescissions suspended as of December 31, 2013. |
Additionally MTG announced plans to release its 1st quarter 2014 financial results before the market opens on
The conference call number is 1-866-847-7859. The call is also being webcast and can be accessed via the company's website http://mtg.mgic.com and clicking on the "Investor Information" button. A replay of the webcast will be available on the company's website through
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