|PR Newswire Association LLC|
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.
Primary New Insurance Written ($Billions)
Beginning Primary Delinquent Inventory (# of loans)
Plus: New Notices
Less: Cures (1)
Less: Paids (including those charged to a deductible or captive)
Less: Rescissions and Denials (2)
Ending Primary Delinquent Inventory (# of loans)
(1) 941 loans were cured during December as a result of the aggregate loss limits on certain policies being reached. These policies are not related to the recently disclosed Freddie Mac settlement.
(2) Refer to our Form 10-Q filed with the
MGIC (www.mgic.com), the principal subsidiary of
From time to time