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MGIC Investment Corporation (MTG)

NYSE - NYSE Delayed Price. Currency in USD
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11.91-0.01 (-0.08%)
At close: 4:00PM EDT

11.91 0.00 (0.00%)
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MGIC Investment Corporation

MGIC Plaza
250 East Kilbourn Avenue
Milwaukee, WI 53202
United States
414-347-6480
http://mtg.mgic.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees823

Key Executives

NameTitlePayExercisedAge
Mr. Patrick SinksPres, CEO & Director3.03MN/A60
Mr. Timothy J. MattkeExec. VP & CFO1.62MN/A41
Mr. Jeffrey H. LaneExec. VP, Gen. Counsel & Sec.1.96MN/A67
Mr. Gregory A. ChiSr. VP of Information Services838.63kN/A57
Mr. Stephen C. MackeyExec. VP & Chief Risk Officer1.28MN/A56
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services, as well as reinsurance arrangements. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Corporate Governance

MGIC Investment Corporation’s ISS Governance QualityScore as of September 1, 2017 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.