Default Servicing/Claims
State Time Frames
Since individual state requirements and borrower circumstances vary, the time needed to complete a foreclosure can also vary. MGIC has simplified claim procedures to allow even greater flexibility in processing foreclosures and filing claims.
Time frames have been created to establish, by state, an appropriate time interval between the due date of the first unpaid installment and claim filing. Click here to open our State Time Frames Chart (.pdf).
See section 3.02 of MGIC's Default Servicing Guide (.pdf) for details.
