MGIC Investment
First and foremost, MGIC Investment, through Mortgage Guaranty Insurance Corp. (MGIC), is a private mortgage insurer. Secondarily, MGIC Investment, through MGIC and other subsidiaries and investments, provides numerous products and services that enhance mortgage lenders’ ability to meet the home loan needs of American families.
It starts with private mortgage insurance. MGIC, the principal subsidiary of MGIC Investment, has enabled millions of American families to attain homeownership. Private mortgage insurance has been part of the nation’s homeownership fabric for approximately 50 years. Its role is critical - it makes it possible for lenders to provide loans to borrowers who make less than 20 percent down payments.
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