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Wednesday, 04/07/2021 11:03:06 PM

Wednesday, April 07, 2021 11:03:06 PM

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MGIC DEFAULT INVENTORY DECLINES IN MARCH AS BORROWERS CONTINUE TO EXIT FORBEARANCE

DELINQUENCIES DECLINED TO 52,775 LOANS FROM 55,103 IN FEBRUARY. 61% OF DEFAULTS ARE IN FORBEARANCE.

BORROWERS that are in forbearance can catch up on pay back payments or possibly modify loan payment structure if, they qualify.

Currently, most forbearance programs scheduled to end over the next several months.

Q1 EARNINGS RESULTS RELEASE IS SCHEDULED FOR MAY 6.

https://mtg.mgic.com/news-releases/news-release-details/mgic-investment-corporation-schedules-1st-quarter-2021-earnings


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