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MGIC Investment Corporation reports developments in private mortgage insurance through its principal subsidiary, Mortgage Guaranty Insurance Corporation. MGIC serves mortgage lenders across the United States with insurance solutions that support mortgage credit risk management and low-down-payment lending.
Recurring MTG news includes quarterly operating results, portfolio statistics, new insurance written, reinsurance arrangements, and capital management actions such as dividends and share repurchases. Company updates also cover board and governance changes, lender-facing technology integrations, and product-service enhancements tied to MGIC's mortgage insurance operations.
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On April 5, 2023, MGIC Investment Corporation (NYSE: MTG) announced three key promotions in its Business Development sector, effective April 1, 2023. Danny Garcia-Velez is now the Senior Vice President of Business Development and Marketing, bringing valuable experience in housing policy and community development. Mike Kull has been promoted to Group Vice President – National Accounts, leveraging over 24 years in mortgage insurance. Kristy Stecker assumes the role of VP – National Account Manager, recognized for her strong customer relations in Arizona and New Mexico. These changes aim to enhance MGIC's commitment to customer experience and strengthen relationships with clients.
MGIC Investment Corporation (NYSE: MTG) is set to release its first quarter 2023 financial results on May 3, 2023, after market close. A conference call will follow on May 4, 2023, at 10:00 a.m. Eastern Time to discuss the results for the period ending March 31, 2023. Interested participants can register for the call to receive dial-in details and a unique PIN. The webcast will also be available on the Company's Investor website, with a replay accessible until June 5, 2023.
MGIC, a leader in private mortgage insurance, facilitates homeownership by offering affordable low-down-payment mortgages across the United States.