MGIC Releases Monthly Operating Statistics and Schedules 3rd 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.
September 2013 |
||
Primary New Insurance Written (Billions) |
$2.5 |
|
Beginning Primary Delinquent Inventory (# of loans) |
113,328 |
|
Plus: New Notices |
9,133 |
|
Less: Cures |
7,940 |
|
Less: Paids (including those charged to a deductible or captive) |
2,767 |
|
Less: Rescissions and Denials (1) |
167 |
|
Ending Primary Delinquent Inventory (# of loans) |
111,587 |
|
(1) Refer to our Form 8-K filed with the Securities and Exchange Commission on July 23, 2013, for information about our suspension of certain rescissions and the number of rescissions suspended as of June 30, 2013. |
Additionally MTG announced plans to release its 3rd quarter 2013 financial results before the market opens on
To attend the webcast, go to http://mtg.mgic.com, click on the "Investor Information" button. The call is being webcast and can be accessed at the company's website at http://mtg.mgic.com. The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Individuals interested in joining over the phone please dial 1-866-847-7859 ten minutes before the conference call begins. The webcast will be available for replay on the company's website through
About MGIC
MGIC, the principal subsidiary of
From time to time,
SOURCE
Investors, Michael J. Zimmerman, (414) 347-6596, mike_zimmerman@mgic.com; Media, Katie Monfre, (414) 347-2650, katie_monfre@mgic.com