MGIC Releases Monthly Operating Statistics and Schedules 1st Quarter Earnings Call

MGIC Releases Monthly Operating Statistics and Schedules 1st Quarter Earnings
                                     Call

PR Newswire

MILWAUKEE, April 4, 2013

MILWAUKEE, April 4, 2013 /PRNewswire/ --MGIC Investment Corporation (NYSE:
MTG) today issued an Operational Summary of its insurance subsidiaries for the
month of March 2013 for their primary mortgage insurance. 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.

                                                                   March 2013
Primary New Insurance Written (Billions)                           $2.4
Beginning Primary Delinquent Inventory (# of loans)                133,125
Plus: New Notices                                                  7,695
Less: Cures                                                        10,963
Less: Paids (including those charged to a deductible or captive)  3,090
Less: Rescissions and Denials (1)                                  157
Ending Primary Delinquent Inventory (# of loans)                   126,610



    Refer to our Form 10-K filed with the Securities and Exchange Commission
(1) on March 1, 2013, for information about our suspension of certain
    rescissions and the number of rescissions suspended as of December 31,
    2012.

Additionally MTG announced plans to release its 1^st quarter 2013 financial
results before the market opens on Tuesday, April 30, 2013. A conference
call/webcast has been scheduled for 10:00 a.m. Eastern Time to allow
securities analysts and shareholders the opportunity to hear Management
discuss the Company's results for the quarter ended March 31, 2013.

To attend the webcast, go to http://mtg.mgic.com, click on the "Investor
Information" button. The call is being webcast and can be accessed at the
company's website at http://mtg.mgic.com. The webcast is also being
distributed over CCBN's Investor Distribution Network to both institutional
and individual investors. Investors can listen to the call through CCBN's
individual investor center at www.companyboardroom.comor by visiting any of
the investor sites in CCBN's Individual Investor Network. The webcast will be
available for replay on the company's website through May 30, 2013 under
Investor Information. Individuals interested in joining over the phone please
dial 1-866-837-9780 ten minutes before the conference call begins.

About MGIC

MGIC, the principal subsidiary of MGIC Investment Corporation, is the nation's
largest private mortgage insurer as measured by $162.1 billion primary
insurance in force covering 1.0 million mortgages as of December 31, 2012.
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.

From time to time, MGIC Investment Corporation releases important information
via postings on its corporate website without making any other disclosure, and
it 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.comunder Investor Information.

SOURCE MGIC Investment Corporation

Website: http://www.mgic.com
Contact: Investor Contact, Michael J. Zimmerman, (414) 347-6596,
mike_zimmerman@mgic.com, or Media Contact, Katie Monfre, (414) 347-2650,
katie_monfre@mgic.com
 
Press spacebar to pause and continue. Press esc to stop.