MGIC Mortgage Insurance

MGIC (www.mgic.com), the industry’s premier mortgage insurer, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. At March 31, 2014 MGIC had $157.9 billion primary insurance in force covering approximately one million mortgages.

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    MGIC tackles challenge of self-employed income analysis

    Cash Flow Worksheets offer efficient, compliant answer
    Correctly evaluating the income of self-employed borrowers is a challenge for mortgage lenders and underwriters, who are under more regulatory pressure than ever. To meet the need for a simple, accurate process, MGIC has developed its editable, Cash Flow Worksheets, which guide users through an easy-to-use form with line-by-line instructions. (An HW PartnerDirect article)
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