MGIC Promotes Murphy to Vice President Field Operations
MILWAUKEE, Jan. 27, 2011 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the primary subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Jerry Murphy to Vice President Field Operations. In his new position, Murphy will be responsible for mortgage insurance and contract operations which includes processing, underwriting, and servicing.
Murphy's 20 year tenure with MGIC and his management experience in both the Systems and Field Operations departments make him uniquely qualified for his new position. Prior to the promotion, Murphy was Field Operations Manager Onsite Support Reporting.
About MGIC
MGIC (http://www.mgic.com/), the principal subsidiary of MGIC Investment Corporation, is the nation's leading provider of private mortgage insurance coverage with $191.3 billion primary insurance in force covering 1.2 million mortgages as of December 31, 2010. MGIC 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.
SOURCE MGIC Investment Corporation
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