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Current Expected Credit Loss (CECL)

Mortgage insurance can help you manage loss reserves under the new CECL standard.

In addition to protecting financial institutions from credit risk in their mortgage portfolio, mortgage insurance provides a secondary benefit: a lower allowance for credit losses under CECL.

Strategically leveraging mortgage insurance may also provide opportunities to:

  • Increase your institution’s capacity for portfolio lending
  • Stabilize loan pricing
  • Expand your portfolio lending product set and differentiate your institution from your competition

At MGIC we have a team dedicated to helping your company find ways to reduce risk, save money and grow your business under the new CECL standard.

Let's explore how we can help you manage loss reserves under CECL.