MGIC Master Policy #71-43342

Navigate to: Gold Cert rescission relief | Underwriting | Servicing | Endorsements

Our current Master Policy, covering insurance applications dated Oct. 1, 2014, and after

MGIC Master Policy #71-43342 covers loans whose insurance applications we received on or after Oct. 1, 2014.

Access the policy here and the individual endorsements below.

PLEASE NOTE: Insurance applications that you initially submitted before Oct. 1, 2014, and resubmitted after that date are covered under MGIC Master Policy #71-7135 or MIC Master Policy #70-91001.

Gold Cert rescission relief

Our Gold Cert Coverage provides rescission relief from borrower misrepresentation, underwriting errors and material value variances on qualifying loans after 36 months, regardless of the submission method.

You can also opt for this protection at 12 months. The 12-month option requires that you submit certain documents at application and/or after you notify MGIC to activate insurance.

For details:

See our Underwriting Guide (UWG), Section 1.06
See Master Policy #71-43342, Section 4.3

Underwriting submission options

Under our Master Policy, flexible submission options allow you to continue to tailor the way you do business, submitting data and/or documents.

For details, see our Underwriting Guide (UWG), Section 1.05.

Servicing

Servicing Report

Our Master Policy requires servicers to submit a monthly Servicing Report which includes loan status and other key information for all your MGIC-insured loans (both current and in default).

Note: Submit the Servicing Report in addition to all other reporting requirements.

For information on monthly submission timing, report components, reporting templates and reporting options, refer to our Servicing Report.

Endorsements

Jurisdiction	Form #	Endorsements
All but MT	71-70341	Delegated Underwriting Program
All but PR	71-70344	Cooperative Properties
AK	71-70361	Alaska
AR	71-70351	Arbitration — Arkansas
FL	71-70365	Dispute Resolution and Governing Law — Florida
GA	71-70360	Georgia
IL	71-70364	Illinois
IN	71-70359	Governing Law — Indiana
KS	71-70342	Arbitration — Kansas
KY, MO	71-70340	No Arbitration
ME	71-70355	Cancellation Provisions; Arbitration; Governing Law — Maine
MD	71-70374	Cancellation of Policy and State-Specific Limitations — Maryland
MO	71-70353	Late Claim Submission — Missouri
MT	71-70368	Delegated Underwriting Program — Montana
MT	71-70371	No Arbitration; Governing Law; Interpretation — Montana
NH	71-70376	Governing Law — New Hampshire
NY	71-70356	Calculated Loss and Governing Law — New York
OK	71-70366	Definitions; Arbitration; Governing Law — Oklahoma
OR	71-70343	Arbitration — Oregon
OR	71-70357	Governing Law — Oregon
PR	71-70375	Arbitration and Governing Law — Puerto Rico
SD	71-70352	Dispute Resolution and Governing Law — South Dakota
TN	71-70362	Governing Law — Tennessee
TX	71-70372	Texas
VA	71-70363	Arbitration and Governing Law — Virginia
WV	71-70367	Arbitration — West Virginia