MGIC Releases Monthly Operating Statistics; New Primary Insurance Written Of $3.2B

MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of its insurance subsidiaries for the month of June 2014 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.

June 2014

Primary New Insurance Written (Billions)

$3.2

Beginning Primary Delinquent Inventory (# of loans)

86,415

Plus: New Notices

7,556

Less: Cures

6,554

Less: Paids (including those charged to a deductible or captive)

1,900

Less: Rescissions and Denials (1)

101

Ending Primary Delinquent Inventory (# of loans)

85,416

(1) Refer to our Form 10-Q filed with the Securities and Exchange Commission on May 9, 2014 for information about our suspension of certain rescissions and the number of rescissions suspended as of March 31, 2014.