We are aware that mortgage Servicers supporting borrowers impacted by COVID-19 may have questions regarding our policies on default reporting and borrower workout programs. To help you, we created this quick reference Q&A for Servicers.

Rescission Relief Guide

Our Gold Cert Coverage provides rescission relief for Significant Defects, Valuation Defects and Borrower fraud on qualifying loans after 36 months, regardless of the submission method. For loans that do not meet 36-month coverage requirements, Gold Cert Coverage provides relief at 60 months.

You can also opt for early rescission relief by submitting certain documents at application and/or after you notify MGIC to activate insurance. Refer to your Master Policy and the following guide for complete requirements.

MGIC Rescission Relief Guide (02/08/2021)

You might also like

  •  mgic text card green with tan corner

    File a claim

    Via MGIC/Link Servicing, our secure web platform for all of your servicing-related tasks.

  •  mgic text card purple with tan corner

    Order MGIC mortgage insurance

    Use the Loan Center to order mortgage insurance quickly and easily.

  •  mgic text card green with teal bar on right

    Find your Servicing Relationship Manager

    Your SRM is ready to help you with all your servicing-related needs.

X
Cookies help us improve your website experience. By using our website, you agree to our use of cookies. Privacy Warning
Confirm