Mortgage Guaranty Insurance Corporation

MGIC Integrates with Mortgage Coach on online borrower conversion platform

Retrieved on: 
Thursday, November 19, 2020
Loans, Mortgage insurance, Mortgage Guaranty Insurance Corporation, Mortgage loan, Finance, Service companies, Financial services in the United States

This automation brings real time mortgage insurance quotes to the Mortgage Coach platform, improving the borrower's experience by optimizing pricing speed and accuracy.

Key Points: 
  • This automation brings real time mortgage insurance quotes to the Mortgage Coach platform, improving the borrower's experience by optimizing pricing speed and accuracy.
  • "We are pleased to partner with Mortgage Coach to provide access to MGIC mortgage insurance rates," said Margaret Crowley, MGIC VP Marketing and Customer Experience.
  • The Mortgage Coach MGIC integration is now available to any lender with access to Mortgage Coach Enterprise Edition and an active MGIC Policy account.
  • The Mortgage Coach suite of enterprise online and mobile applications enhance the conversation between the borrower, mortgage professional, and Realtor, enabling a confident mortgage decision.

MGIC Treasurer Lisa Pendergast to retire; Nathan R. Abramowski promoted

Retrieved on: 
Friday, October 30, 2020
Mortgage Guaranty Insurance Corporation, Aloysius Pendergast, Vice president, Service companies, Financial services in the United States, Service industries

Nathan R. Abramowski, the Company's Assistant Treasurer, will become Vice President - Treasurer effective upon Ms. Pendergast's retirement.

Key Points: 
  • Nathan R. Abramowski, the Company's Assistant Treasurer, will become Vice President - Treasurer effective upon Ms. Pendergast's retirement.
  • "Lisa has had a long and distinguished career at MGIC," saidTim Mattke, the Company's CEO.
  • Mr. Abramowski joined MGIC in 2014 as Financial Reporting Manager and advanced through positions of increasing responsibility to Assistant Treasurer in 2019.
  • "Nate had immediate impact in his role at MGIC," said Nathan Colson, Executive Vice President and Chief Financial Officer.

Allen Joins MGIC Investment Board

Retrieved on: 
Thursday, October 29, 2020
Mortgage Guaranty Insurance Corporation, Mortgage insurance, Financial services in the United States, Service companies, Mortgage loan, Milwaukee, Finance

MILWAUKEE, Oct. 29, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Analisa M. Allen has been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC).

Key Points: 
  • MILWAUKEE, Oct. 29, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Analisa M. Allen has been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC).
  • "We welcome Analisa to the Board," said Curt Culver, the Chairman of MTG.
  • The principal subsidiary of MGIC Investment Corporation is Mortgage Guaranty Insurance Corporation, or MGIC ( www.mgic.com ), which serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality.
  • Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts .

Magic to Announce Third Quarter 2020 Financial Results on November 16, 2020

Retrieved on: 
Thursday, October 22, 2020
Magic Software Enterprises, Tel Aviv Stock Exchange, Service companies, Finance, Mortgage Guaranty Insurance Corporation, Companies, NASDAQ, Partner Communications Company, Israel Summer Time

Or Yehuda, Israel, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms and IT consulting services, announced today that it will report its financial results for the Third quarter of 2020 on Monday, November 16, 2020.

Key Points: 
  • Or Yehuda, Israel, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms and IT consulting services, announced today that it will report its financial results for the Third quarter of 2020 on Monday, November 16, 2020.
  • Management will host a conference call on Monday, November 16, 2020 at 10:00 a.m. Eastern Daylight Time (5:00 p.m. Israel Daylight Time) to review and discuss Magics results.
  • With over 35 years of experience, millions of installations worldwide and strategic alliances with global IT leaders, Magic enables its customers to seamlessly adopt new technologies and maximize business opportunities.
  • Magic collaborates closely with its customers and thousands of business partners in 50 countries to accelerate their business performance.

MGIC Investment Corporation Schedules 3rd Quarter 2020 Earnings Call and Releases Monthly Operating Statistics

Retrieved on: 
Thursday, October 8, 2020
Mortgage Guaranty Insurance Corporation, Milwaukee, New York Stock Exchange, Mortgage insurance, Conference call, Service companies, Service industries, Financial services in the United States

MILWAUKEE, Oct. 8, 2020 /PRNewswire/ --MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 3rd quarter 2020 financial results after the market closes on Wednesday November 4, 2020.

Key Points: 
  • MILWAUKEE, Oct. 8, 2020 /PRNewswire/ --MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 3rd quarter 2020 financial results after the market closes on Wednesday November 4, 2020.
  • A conference call/webcast has been scheduled for November 5, 2020 at 10:00 a.m. Eastern Time to discuss the Company's results for the quarter ended September 30, 2020.
  • Individuals interested in joining by telephone should dial 1-866-834-4126 ten minutes before the conference call begins.
  • MGIC also today issued selected operating statistics for its insurance subsidiaries for the month of September 2020 for their primary mortgage insurance.The statistics are also available on the company's investor website under Newsroom, Press Releases .

AM Best Affirms Credit Ratings of MGIC Investment Corporation’s Operating Subsidiaries

Retrieved on: 
Friday, September 18, 2020
Banking, Professional services, Insurance, Finance, Mortgage Guaranty Insurance Corporation, Mortgage insurance, Companies, Service companies, Service industries

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- of operating subsidiaries of MGIC Investment Corporation.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- of operating subsidiaries of MGIC Investment Corporation.
  • The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation, MGIC Assurance Corporation and MGIC Reinsurance Corporation of Wisconsin (collectively referred to as MGIC).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

MGIC to Participate at the Barclays Global Financial Services Conference

Retrieved on: 
Wednesday, September 9, 2020
Mortgage Guaranty Insurance Corporation, Companies, Finance, Financial services, Milwaukee, Mortgage loan, Barclays

MILWAUKEE, Sept. 9, 2020 /PRNewswire/ --MGIC Investment Corporation (NYSE: MTG) announced today that the company's Chief Executive Officer, Timothy Mattke, will present at the Barclays Global Financial Services Conference on Tuesday, September 15, 2020 at 9 a.m. Eastern Time.

Key Points: 
  • MILWAUKEE, Sept. 9, 2020 /PRNewswire/ --MGIC Investment Corporation (NYSE: MTG) announced today that the company's Chief Executive Officer, Timothy Mattke, will present at the Barclays Global Financial Services Conference on Tuesday, September 15, 2020 at 9 a.m. Eastern Time.
  • This conference will be a virtual meeting format only, via live webcast.
  • A series of related slides also will be available at the same website prior to the presentation on September 15.
  • MGIC ( www.mgic.com ), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality.

MGIC promotes Danny Garcia-Velez to Vice President, Business Development

Retrieved on: 
Tuesday, August 11, 2020
Mortgage Guaranty Insurance Corporation, Mortgage insurance, Milwaukee, Companies, Service companies, Economy of the United States

MILWAUKEE, Aug. 11, 2020 /PRNewswire/ --Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Danny Garcia-Velez to Vice President, Business Development.

Key Points: 
  • MILWAUKEE, Aug. 11, 2020 /PRNewswire/ --Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Danny Garcia-Velez to Vice President, Business Development.
  • Mr. Garcia-Velez has served MGIC since 2017 as Marketing Program Manager, Sr. and Marketing Program Director.
  • Prior to this role he was a Vice President at the Homeownership Preservation Foundation where he led the program and counseling efforts.
  • "Danny's reputation is that of a problem-solver, a creative and critical thinker, and a leader in his relatively short tenure with MGIC," said Jay Hughes, Executive Vice President, Sales & Business Development.

CUNA Mutual Group Partners with MGIC to Provide Private Mortgage Insurance to Credit Unions

Retrieved on: 
Monday, August 10, 2020
Financial services in the United States, CUNA Mutual Group, Cooperatives, Financial services, Mortgage Guaranty Insurance Corporation, Cuna, Mortgage insurance, Mutual insurance

MILWAUKEE, Aug. 10, 2020 /PRNewswire/ -- CUNA Mutual Group and Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG),have announced a partnership to provide private mortgage insurance to credit unions.

Key Points: 
  • MILWAUKEE, Aug. 10, 2020 /PRNewswire/ -- CUNA Mutual Group and Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG),have announced a partnership to provide private mortgage insurance to credit unions.
  • The new program, known as "CUNA Mutual Group Private Mortgage Insurance, provided by MGIC," makes home ownership more accessible to credit union members by reducing risks for lenders.
  • "At CUNA Mutual Group, we are committed to helping all consumers achieve a brighter financial future," said Laurie Winger, chief financial and product officer at CUNA Mutual Group.
  • CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates.

MGIC Investment Corporation Announces Lead Independent Director Transition

Retrieved on: 
Monday, August 3, 2020
Mortgage Guaranty Insurance Corporation, Modern Times Group, Mortgage insurance, Companies

In order to provide for an appropriate transition of leadership responsibilities, Mr. Jastrow has stepped down as the company's Lead Independent Director and as Chairman of the company's Management Development, Nominating & Governance committee.

Key Points: 
  • In order to provide for an appropriate transition of leadership responsibilities, Mr. Jastrow has stepped down as the company's Lead Independent Director and as Chairman of the company's Management Development, Nominating & Governance committee.
  • As a result of the foregoing, the Board of Directors has appointed Michael E. Lehman as its Lead Independent Director.
  • Curt Culver, Chairman of MTG and Mortgage Guaranty Insurance Corporation (MGIC) said, "While we are fortunate to continue to benefit from Kenny's service on our Board through the end of his current term, I want to take this opportunity to thank him for his years of service as our lead independent director.
  • Regarding Mr. Lehman's appointment as lead independent director, Culver stated, "The company will be well-served to have Mike assume the role of lead independent director and I look forward to working closely with him as we focus on the company's future.