MTG - MGIC Investment Corporation

NYSE - NYSE Delayed Price. Currency in USD

MGIC Investment Corporation

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

SectorFinancial Services
IndustryInsurance - Specialty
Full Time Employees793

Key Executives

NameTitlePayExercisedYear Born
Mr. Patrick SinksPres, CEO & Director3.2MN/A1957
Mr. Timothy James MattkeExec. VP & CFO1.66MN/A1976
Mr. James Jeffrey HughesExec. VP of Sales & Bus. Devel. - Mortgage Guaranty Insurance Corp.1.26MN/A1963
Mr. Salvatore Antonino MiosiExec. VP of Bus. Strategy & Operations - Mortgage Guaranty Insurance Corp.1.23MN/A1968
Mr. Jeffrey Harold LaneConsultantN/AN/A1950
Amounts are as of December 31, 2018 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, other mortgage credit risk management solutions, 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. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Corporate Governance

MGIC Investment Corporation’s ISS Governance QualityScore as of April 1, 2019 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 1.

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.