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MGIC Investment Corporation(MTG)

Description: MGIC Investment Corporation, through its subsidiaries, provides mortgage insurance to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance coverage that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage; and bulk transactions, in which the individual loans in the insured portfolio are insured to specified levels of coverage. It also participates in risk sharing arrangements and captive mortgage reinsurance arrangements. In addition, the company provides contract underwriting and related services; and various mortgage services, such as loan origination and portfolio analytics, mortgage lead generation, and secondary marketing of mortgages. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, and mortgage bankers. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.


Keywords: Mortgage Loan Commercial Bank Mortgage Mortgage Broker Mortgage Bank Insurance Coverage Mortgage Services Loan Origination Mortgage Insurance Lead Generation Foreclosure Insurance Arrangement

Home Page: mtg.mgic.com

MTG Technical Analysis

MGIC Plaza
Milwaukee, WI 53202
United States
Phone: 414 347 6480


Officers

Name Title
Mr. Timothy James Mattke CEO & Director
Mr. Salvatore Antonino Miosi Pres & COO
Mr. Nathaniel Howe Colson Exec. VP & CFO
Ms. Paula Christine Maggio Exec. VP, Gen. Counsel & Sec.
Mr. James Jeffrey Hughes Exec. VP of Sales & Bus. Devel. of MGIC
Ms. Julie Kay Sperber VP, Controller & Chief Accounting Officer
Ms. Dianna L. Higgins Sr. VP of Investor Relations
Ms. Annette M. Adams Sr. VP & Chief HR Officer of MGIC
Mr. Steven Mark Thompson Exec. VP & Chief Risk Officer of MGIC
Mr. Robert J. Candelmo Sr. VP & Chief Information Officer of MGIC

Exchange: NYSE

Country: US

Currency: US Dollar ($)

GIC Sector: Financials
GIC Group: Banks
GIC Industry: Thrifts & Mortgage Finance
GIC Sub-Industry: Thrifts & Mortgage Finance
Forward PE: 6.2228
Trailing PE: 4.7918
Price-to-Book MRQ: 0.859
Price-to-Sales TTM: 3.2898
IPO Date: 1991-08-06
Fiscal Year End: December
Full Time Employees: 711
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