MGIC beats expectations, but new insurance written underwhelms

MGIC beats 1Q estimates with $133.1M profit. Posted April 21, 2015 / No comments mgic investment Corporation today reported net income for the quarter that beat analysts expectations, with a big gain in net insurance written in the first quarter.

Mortgage Insurance 101 The company wrote record volume of high-quality and profitable flow mortgage insurance business in the quarter. Notably, the. According to the company’s financial results, new mortgage insurance written surged to $14.3 billion for the quarter, an increase of 43%.

MILWAUKEE, June 10, 2019 /PRNewswire/ — MGIC investment corporation (nyse: mtg) today issued an Operational Summary of its insurance subsidiaries for the month of May 2019 for their primary mortgage insurance. The summary is also available on the company’s investor website under Newsroom, Press Releases. The information concerning new delinquency notices and cures is.

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MGIC beats expectations, but new insurance written underwhelms MGIC Investment’s fourth-quarter 2016 earnings beat our expectations and also improved year over year, primarily on the back of higher revenues, improved new insurance written and much lower expenses.. Bill Dobbins is a.

New home loan application volume drops for first time in 2017 Purchase origination dollar volume drops to three-year low. A total of 513,350 purchase loans secured by U.S. residential properties (1 to 4 units) were originated in Q1 2017, down 29 percent from the previous quarter and down 18 percent from a year ago.Looser ARM standards led to more credit being available in August Rising Credit-Card Use Shows Consumers Are Strapped –  · August marked the high in income expectationsas measured by Conference Board data. If history is precedent, there will be a rush to tap available credit as.

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