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MGIC writes $2.1B in new primary mortgage insurance

 · MGIC is one of the first mortgage insurance providers to extend this service via integration with a loan-origination system, and Mortgage Cadence’s ELC platform was the.

MGIC Investment Corp. MGIC Investment stands to be the largest mortgage insurer with $166.7 billion direct primary insurance in force at. The company was able to write .2 billion worth of primary.

MGIC writes $2.1B in new primary mortgage insurance Brena Swanson is formerly the Digital Reporter for HousingWire. Brena joined the HousingWire.

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Mortgage Insurance is tax-deductible by MGIC. The deduction is reduced by 5% for each additional $500 of adjusted gross income, phasing out after $54,500. (Details below.) The deduction is not restricted to first-time homebuyers.

At February 28, 2018, MGIC had $196.5 billion of primary insurance in force covering approximately one million mortgages. From time to time MGIC Investment corporation releases important information via postings on its corporate website, including corrections of previous disclosures, without making any other disclosure and intends to continue to do so in the future.

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Through our subsidiary, MGIC, we are a leading provider of PMI in the United States, as measured by $209.7 billion of primary IIF on a consolidated basis at December 31, 2018.

MGIC last month contributed $200 million to increase statutory capital at its principal insurance operation, allowing it to continue writing new policies. The entire mortgage-insurance. in the.

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