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Servicing

MI Servicing

Default Servicing/Claims

Servicing EDI (Electronic Data Interface)

MGIC can work with you to provide EDI for all MI related on-going servicing transactions — from the time the loan is boarded to the servicing platform until the policy is cancelled or a claim filed. EDI processing supports the following:

  • MI Request, Response and Activation (aka Loan Boarding)
  • Servicing Transfer (either by acquisition or same)
  • Renewal Billing
  • Default Reporting
  • MI Cancellation
  • Claim for Loss
  • Explanation of Benefits

MGIC works with you and/or your vendor partners to integrate EDI per your specifications. Time frames for activation of an interface vary, depending on the scope of the work required.

For Servicing EDI questions contact MGIC eCommerce Services.

Bulk Claims Experience

  • View MGIC 's experience for resolved claims submitted during the calendar years 2004-2006.

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