Mortgage

MGIC writes $2.2 billion in primary mortgage insurance

Mortgage Guaranty Insurance Corp. (MTG) wrote $2.2 billion in primary mortgage insurance for the month of June.

That compares to $2 billion in new primary mortgage insurance in May, up from $1.7 billion in April.

Delinquencies at the beginning of the month hit 154,973, but later fell to 153,990.

Those results reflected 11,200 new notices during the month as well as 8,114 cures, nearly 4,000 paid off loans and 88 rescissions and denials.

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