MGIC Releases Monthly Operating Statistics

MILWAUKEE, Sept. 7, 2011 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today issued an Operational Summary for the month of August, 2011 for its primary mortgage insurance business.  The summary is also available on the company's website at http://mtg.mgic.com, under Investor Information, Press Releases.

The information concerning new notices and cures is compiled from reports received from loan servicers.  The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month and by transfers of servicing between loan servicers.

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, is the nation's leading provider of private mortgage insurance coverage with $182.4 billion primary insurance in force covering 1.2 million mortgages as of June 30, 2011. 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.

This press release, which includes certain additional statistical and other information, including non-GAAP financial information and a supplement that contains various portfolio statistics are both available on the Company's website at http://mtg.mgic.com under Investor Information, Presentations/Webcasts.

SOURCE MGIC