The month began with 72,236 loans in its primary delinquent inventory and ended with 69,630 delinquencies on file.
MGIC reported 5,400 new notices, which was offset by 6,522 cures, 1,423 paid-off mortgages and 61 recessions and denials.
Recently, HousingWire featured MGIC in its May magazine issue. With the retirement of CEO Curt Culver earlier this year, Pat Sinks assumed the CEO position at MGIC.
Sinks and his leadership team are positioning the company for success in the ever-evolving residential housing finance system.
In the feature, three freshly appointed team members describe what’s new (and old) at MGIC and why they believe they will continue to provide value to their customers.