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.
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.
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 1.06.
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.
|All but MT||71-70341||Delegated Underwriting Program|
|All but PR||71-70344||Cooperative Properties|
|AR||71-70351||Arbitration — Arkansas|
|FL||71-70365||Dispute Resolution and Governing Law — Florida|
|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|
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|
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|
|VA||71-70363||Arbitration and Governing Law — Virginia|
Arbitration — West Virginia