MGIC Investment Corporation has announced that it will be transferring $100 million to its subsidiary Mortgage Guaranty Insurance Corporation (MGIC) and that all other conditions required by Freddie Mac to continue Freddie Mac's approval of MGIC's subsidiary, MGIC Indemnity Corporation (MIC), as a limited mortgage insurer through Dec. 31, 2013 have been satisfied. MIC is also an approved mortgage insurer for Fannie Mae.Click to continue
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