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Mgic Investment Corporation

Corporation Parent
Website
Address
250 E Kilbourn Ave Milwaukee ​,  WI , 53202-3102 United States See other locations
Phone
(414) 347-6480
Company Description

Since a pinkie-promise isn't good enough for most lenders, there's MGIC Investment's mortgage insurance to protect lenders from home buyers who don't hold up their end of the bargain. MGIC owns Mortgage Guaranty Insurance Corporation (MGIC), the largest provider of private mortgage insurance in the US, Puerto Rico, and Guam. Such coverage allows otherwise-qualified buyers who aren't able to scrape up the standard about 20% down payment to get mortgages. MGIC writes primary insurance on individual loans; its customers include banks, mortgage brokers, credit unions, and other residential mortgage lenders. MGIC had about $58 million primary insurance in force covering about 14 million mortgages.

Key Principal
Timothy Mattke See more contacts
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Financial Data

Financial data as of January 1, 2021 (12 month period) in USD

Annual Revenue
$1.20 billion USD

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Company Snapshot

Essential information for a successful call

  • EMPLOYEES (This Site) 223
  • EMPLOYEES (All Sites) 739
  • ASSETS (MIL USD) 7,355
  • REVENUE (MIL USD) 1,199.15
  • TICKER SYMBOL MTG
  • Year Started 1957
  • Incorporated 1984
  • FISCAL YEAR END JAN

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Get in Touch with 7 Principals* and 304 Contacts

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  • Timothy Mattke
    Chief Executive Officer
  • TIMOTHY J MATTKE
    Chief Executive Officer
  • CURT S CULVER
    Chairman of the Board
  • SALVATORE MIOSI
    President and Chief Operating Officer

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