MILWAUKEE, Jan. 10, 2017 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 4th quarter 2016 financial results before the market opens on Thursday, January 19, 2017. A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time to discuss the Company's results for the quarter ended December 31, 2016.

Individuals interested in joining over the phone should dial (844) 656-4450 ten minutes before the conference call begins and provide the operator with the conference ID number 49691161. The call is also being webcast and can be accessed via the company's website http://mtg.mgic.com under Newsroom. A replay of the webcast will be available on the company's website through February 19, 2017, under Newsroom.

MGIC also today issued an Operational Summary of its insurance subsidiaries for the month of December 2016 for their primary mortgage insurance. The summary is also available on the company's website under Investor Information, Press Releases.

The information concerning new delinquency 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.



                     December 2016        December 2015        Change
                     -------------        -------------        ------

    Insurance
     in Force
     (billions)                    $182.0               $174.5            4.3%

           Flow Only               $172.8               $164.0            5.3%


    Beginning
     Primary
     Delinquent
     Inventory
     (# of
     loans)                        50,136               62,445         (19.7%)

    Plus: New
     Delinquency
     Notices                        5,911                6,597         (10.4%)

    Less: Cures                     4,869                5,258          (7.4%)

    Less: Paids
     (including
     those
     charged to
     a
     deductible
     or captive
     reinsurer)                       838                1,070         (21.7%)

    Less:
     Rescissions
     and
     Denials
     (1)                              58                   81         (28.4%)

    Ending
     Primary
     Delinquent
     Inventory
     (# of
     loans)                        50,282               62,633         (19.7%)



    (1)              Refer to our Form 10-K filed
                     with the Securities and
                     Exchange Commission on
                     February 26, 2016 for
                     information about our prior
                     suspension of certain
                     rescissions and the number
                     of rescissions suspended as
                     of December 31, 2015.  There
                     were no rescissions
                     suspended as of December 31,
                     2016.

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, 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. At December 31, 2016, MGIC had $182.0 billion of primary insurance in force covering approximately one million mortgages.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website, including corrections of previous disclosures, without making any other disclosure and 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.com under Investor Information.

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SOURCE MGIC Investment Corporation