MGIC MGIC Investment Corporation Portfolio Supplement Q3 2020 NYSE: MTG Forward Looking Statements As used below, "we," "our" and "us" refer to MGIC Investment Corporation's consolidated operations or to MGIC Investment Corporation, as the context requires, and "MGIC" refers to Mortgage Guaranty Insurance Corporation. This presentation may contain forward looking statements. Our actual results could be affected by the risks associated with the COVID-19 pandemic which are discussed, and by the other risk fac ...

MGIC Investment Corporation (NYSE:MTG) Q3 2020 Earnings Conference Call November 5, 2020 10:00 AM ET Company Participants Mike Zimmerman ??? Senior Vice President, Investor Relations Tim Mattke ??? Chief Executive Officer and Director Nathan Colson ??? Executive Vice President and Chief Financial Officer Conference Call Participants Sam Choe ??? Credit Suisse Bose George ??? KBW Randy Binner ??? B. Riley Jack Micenko ??? SIG Mark DeVries ??? Barclays Mihir Bhatia ??? Bank of America Geoffrey Dunn ??? Dowlin ...

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-1486475 (State or other ...

Financial Data and Key Metrics Changes - GAAP net income for Q2 2020 was $14 million, a significant decrease from $168 million in the same period last year, primarily due to increased loss reserves related to COVID-19 [12][20] - Net premiums earned increased by 1%, while the net premium yield declined to 42.7 basis points from 46.5 basis points year-over-year [20][21] - Net losses incurred were $217 million compared to $22 million for the same period last year, with approximately 58,000 new delinquency notices received compared to 13,000 in the same period last year [24] Business Line Data and Key Metrics Changes - The company wrote $28 billion of new insurance in Q2 2020, with insurance in force increasing by approximately 8% year-over-year despite lower persistency [13] - Refinanced transactions as a percentage of monthly new business writing peaked at approximately 44% in April and May, then decreased to 33% in July as demand for purchase mortgages increased [14] Market Data and Key Metrics Changes - The delinquency rate ended the quarter at 6.35%, with 67% of June 30 delinquency inventory and 80% of June new delinquency notices reported as COVID-19-related forbearance plans [18] - There were 38% fewer delinquency notices in June compared to May, indicating a potential improvement in the delinquency situation [18] Company Strategy and Development Direction - The company continues to operate in a remote work environment while providing critical support to the housing market, particularly for first-time homebuyers [10] - The focus remains on working with GSEs and servicers on loss avoidance programs, offering competitive products, and maintaining a sharp focus on capital management [10][41] Management's Comments on Operating Environment and Future Outlook - Management expressed uncertainty about future mortgage origination levels and credit performance due to the ongoing impact of COVID-19 on economic conditions [15] - The company entered this period with strong credit characteristics and a low debt-to-capital ratio, with available assets exceeding minimum required assets by $1.1 billion [16][32] Other Important Information - The company did not request or pay a dividend to the holding company in Q2, with future dividend payments to be determined quarterly based on economic conditions [29] - The consolidated cash and investments totaled $6.3 billion at the end of Q2 2020, with a debt-to-total capital ratio of approximately 17% [31][32] Q&A Session Summary Question: What is the total delinquency portfolio from a forbearance standpoint? - Management indicated they are still reviewing forbearance-related information and do not have an update on the composition of new notices in cures relative to forbearance [44] Question: What drove the change in the claim rate assumption from 9% to 7%? - Management noted that the improvement was due to more formalized forbearance options and economic conditions, which benefited the claim rate [46] Question: How is pricing trending in the second quarter? - Management stated they are focused on competitive premium rates while prudently growing insurance in force and long-term value [50] Question: What happens to the 70% discount after the forbearance period? - Management clarified that the 70% haircut applies for at least three months for delinquencies and continues during the forbearance period [57][94] Question: How does the company view the ILN market? - Management expressed that while the terms are less attractive than pre-COVID, they continue to evaluate the market for potential opportunities [58] Question: What is the mark-to-market LTV for older books? - Management indicated that delinquencies have picked up but significantly less than previous years, with mark-to-market LTVs below 70% for older books [60][68]

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Address of principal executive offices) (414) 347-6480 (Registrant's telephone number, including ...

MGIC Investment Corp. (NYSE:MTG) Q1 2020 Earnings Conference Call May 8, 2020 9:00 AM ET Company Participants Mike Zimmerman ??? Investor Relations Tim Mattke ??? Chief Executive Officer Nathan Colson ??? Chief Financial Officer Conference Call Participants Jack Micenko ??? SIG Bose George ??? Keefe, Bruyette & Woods Chris Gamaitoni ??? Compass Point Mihir Bhatia ??? Bank of America Adam Starr ??? Gulfside Asset Management A. Winston ??? Pilot Advisor Sam Choe ??? Credit Suisse Geoffrey Dunn ??? Dowling & P ...

MGIC MGIC Investment Corporation Portfolio Supplement Q1 2020 NYSE: MTG Forward Looking Statements As used below, "we," "our" and "us" refer to MGIC Investment Corporation's consolidated operations or to MGIC Investment Corporation, as the context requires, and "MGIC" refers to Mortgage Guaranty Insurance Corporation. This presentation may contain forward looking statements. Our actual results could be affected by the risks associated with the COVID-19 pandemic which are discussed, and by the other the risk ...

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-1486475 (State or other juri ...

FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 250 E. Kilbourn Avenue 53202 For the fiscal year ended December 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Milwaukee, Wisconsin (Zip Code) ...

MGIC Investment Corporation (NYSE:MTG) Q4 2019 Earnings Conference Call February 4, 2020 10:00 AM ET Company Participants Mike Zimmerman - SVP, IR Tim Mattke - CEO Nathan Colson - CFO Conference Call Participants Bose George - KBW Randy Binner - B. Riley FBR Douglas Harter - Credit Suisse Mackenzie Aron - Zelman & Associates Geoffrey Dunn - Dowling & Partners Jack Micenko - Susquehanna Chris Gamaitoni - Compass Point Mihir Bhatia - Bank of America Phil Stefano - Deutsche Bank Art Winston - Pilot Advisors Op ...