Articles Tagged with ''Mortgage Guaranty Insurance Corp.''

MGIC revenues fall slightly in Q2 2017

New insurance written sees modest increase
Mortgage Guaranty Insurance Corp. reported a slight drop in its revenues, however its net income and diluted earnings per share increased. The company's CEO explained that during the second quarter, the majority of MGIC’s 2% convertible senior notes due in 2020 were converted to shares of common stock and the remainder were redeemed.
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Former MGIC CEO William Lacy passes away at 71

Spent 28 years with company, served as CEO for 12 years
William Lacy, who served as chief executive officer of Mortgage Guaranty Insurance Corporation for 12 years, passed away Sunday at the age of 71, the company announced Monday. According to MGIC, Lacy, who retired as chairman and CEO in 1999 after spending 28 years with the company, died of respiratory failure.
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