MGIC Hires Terry Aikin - Vice President - Managing Director for West Central Region

MILWAUKEE, April 28, 2017 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), has hired Terry Aikin as Vice President – Managing Director for the West Central Region.

Mr. Aikin brings more than 25 years of management experience to his new role, with extensive experience in the areas of mortgage insurance, technology and valuation.  He comes to MGIC from REAS LLC dba/ Synergy Appraisal Services where he served as the company's Chief Executive Officer. Mr. Aikin's earned his Bachelor of Arts degree in Organizational Management with minor in Finance from the Warner University, is a Certified Mortgage Banker (CMB), an instructor for the MBA's School of Mortgage Banking, and an Accredited Mortgage Professional (AMP).

"Terry brings a unique and valuable perspective to the MGIC sales team," explained Jay Hughes, Executive Vice President – Sales and Business Development. "He has a strategic mindset that drives results for his customers, but is also committed to developing the people he manages. It's his ability to successfully balance these two responsibilities that made him the perfect fit for this role."

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 March 31, 2017, MGIC had $183.5 billion of 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, including corrections of previous disclosures, 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

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