Type: Public
On the web: http://www.mgic.com
Employees: 1,010
Employee growth: (1.0%)

Since a pinkie-promise isn't good enough for most lenders, there's MGIC Investment's mortgage insurance to protect lenders from home buyers who don't hold up their end of the bargain. MGIC Investment owns Mortgage Guaranty Insurance Corporation, the largest US provider of private mortgage insurance. Such coverage allows otherwise qualified buyers who can't scrape up the standard 20% down payment to get mortgages. MGIC writes primary insurance on individual loans. The company's customers are residential mortgage lenders, including banks, mortgage brokers, and credit unions.

Key numbers for fiscal year ending December, 2010:
Sales: $1,520.5M
One year growth: (11.0%)
Net income: ($363.7)M

Officers:
Chairman and CEO, MGIC Investment and Mortgage Guaranty Insurance: Curt S. Culver
President and COO, MGIC Investment and Mortgage Guaranty Insurance: Patrick Sinks
EVP and CFO, MGIC Investment and Mortgage Guaranty Insurance: J. Michael Lauer

Competitors:
Genworth Financial
PMI Group
Radian Group

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