MGIC Hires Sean Dilweg as Senior Vice President - Government Relations

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Jan 05, 2015, 04:35 ET

MILWAUKEE, Jan. 5, 2015 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), has hired Sean Dilweg as Senior Vice President – Government Relations. In his newly created position, Mr. Dilweg will lead MGIC's Washington, D.C. government relations activities relating to housing policy to help shape the discussion of the issues impacting the private mortgage insurance industry.

"I am very pleased to have Sean join the MGIC leadership team," said Patrick Sinks, President and Chief Operating Officer. "His background and unique experience make Sean well suited to lead our government relations efforts on the many housing policy issues we face."

Mr. Dilweg joins MGIC from CUNA Mutual Group where he most recently served as the President of CMG Mortgage Insurance Company. In addition to his mortgage insurance industry experience, Mr. Dilweg is the former Insurance Commissioner of Wisconsin and held various roles in government making him uniquely qualified for his new role at MGIC.

Mr. Dilweg earned his Bachelor of Arts degree from Lawrence University and his Master of Business Administration from the University of Wisconsin – Madison.

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, 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 September 30, 2014 MGIC had $162.4 billion primary insurance in force covering approximately one million mortgages.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website without making any other disclosure and intends to continue to do so in the future. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information can be found at http://mtg.mgic.com under Investor Information.

SOURCE MGIC Investment Corporation