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.
May 2015 |
||
Primary New Insurance Written (Billions) |
$3.7 |
|
Beginning Primary Delinquent Inventory (# of loans) |
69,630 |
|
Plus: New Notices |
5,705 |
|
Less: Cures |
5,764 |
|
Less: Paids (including those charged to a deductible or captive) |
1,300 |
|
Less: Rescissions and Denials |
47 |
|
Ending Primary Delinquent Inventory (# of loans) |
68,224 |
(1) Refer to our Form 10-Q filed with the
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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