www.mgic.com
Open in
urlscan Pro
192.124.249.152
Public Scan
Submitted URL: https://mgic-connects.com/
Effective URL: https://www.mgic.com/blog
Submission: On February 02 via manual from US — Scanned from DE
Effective URL: https://www.mgic.com/blog
Submission: On February 02 via manual from US — Scanned from DE
Form analysis 0 forms found in the DOM
Text Content
* Rates Toggle Menu
RATES
Find what you need to know about MGIC’s mortgage insurance rates.
* Start here
* How to get an MI rate quote
* Coverage requirements
* MI premium plans
* Mobile app
* MiQ login - get a quote
* Premium refunds
* State filing status
* Get the right rate
Right now, you can know you're getting the right MI rate for your
borrowers by quoting with MiQ
* Underwriting Toggle Menu
UNDERWRITING
Gain quick access to the latest underwriting guidelines for MGIC mortgage
insurance.
* Underwriting guide
* COVID-19 updates
* Home Possible®
* HomeReady®
* Housing Finance Agencies (HFAs)
* MGIC Go!
* Portfolio Lending
* Qualified Mortgage highlights
* Quality Control
* Refi-to-mod (RTM loans)
* Self-employed borrower worksheets
* Underwriting guide & summaries
* Underwriting & rates bulletins
* Recent underwriting updates
At your fingertips: the latest bulletin announcements and MGIC news
releases regarding industry changes.
* Ordering / Servicing Toggle Menu
ORDERING / SERVICING
To get started with ordering MI and servicing assistance from MGIC, begin
with a review of our submission options and helpful resources.
* Start here
Ordering Toggle Menu
* About ordering mortgage insurance
* Implementation of the redesigned URLA
* Loan Center help
* Master policy
* Ordering contract underwriting
* Ordering mortgage insurance
Servicing Toggle Menu
* About servicing
* Activating MI
* Bulletins and news
* Cancelling MI
* COVID-19 updates
* Loan servicing guide
* Loan servicing tools
* Reference and reporting information
* Rescission relief guide
* Servicing Resource Managers
* Loan servicing guide
Quickly review the guidelines, requirements and submission options you
need to service your MI-insured loans.
* Training Toggle Menu
TRAINING
Gain industry knowledge and essential skills from the experts at MGIC, the
industry’s leading mortgage insurance authority.
* Training classes
* Homebuyer education options
* MI Basics
* Training classes
* Tutorial library
* An introduction to MI Basics
Gain a better understanding about the ins and outs of mortgage insurance
and how it reduces mortgage risk.
* Reach first-time homebuyers
Discover how our homebuyer education program can connect you with more
potential borrowers.
* Tools Toggle Menu
TOOLS
Educate, optimize and streamline your lending process with MGIC’s vast
library of tools, resources and marketing materials.
* Get started here
Rethink MI Toggle Menu
* MI as a strategy
* MI for first-time homebuyers
* MI for move-up buyers
* MI solutions for your real estate agents
* Buy now vs wait calculator
Loan Officers Toggle Menu
* Marketing yourself
* Customized marketing for loan originators
* Infographics
* Social Media Café
* Referral partner strategies and tools
* For Sale to Sold
* Generate leads with Homebuyer Education
* Reach out to real estate agents
* Expand your market
* Down Payment Connect
* Down Payment Resource
* Consumer calculators
* First-time homebuyers
* Hispanic marketing
* Homebuyer education options
* Self-employed borrower worksheets
Lenders Toggle Menu
* Affordable homeownership
* Master policy resources
* Portfolio Lending
* Technology partners
* Why partner with MGIC
* Blog Toggle Menu
BLOG
Check out our latest posts below, and be sure to listen in to our latest
episode.
* Mortgage Connects podcast
* Latest Posts
* Mortgage Connects Podcast
* Mortgage infographics
* Subscribe to our blog
* Get our blog alerts
Stay connected to the latest mortgage insurance news, trends and expert
insights with timely email alerts. Sign up here.
* About MGIC Toggle Menu
ABOUT MGIC
Leading the private mortgage insurance industry by supporting our customers
and helping borrowers find a better way to achieve their dreams of
homeownership.
* Here's how we do it
* Affordable homeownership initiative
* Careers
* Contact us
* Corporate responsibility
* Investors
* Making homeownership possible
* Get Started with MGIC
* Why partner with MGIC
* Why partner with us
Year after year, customers value working with us. Discover why you will,
too.
* Get a quick quote
* Credit Unions
* Get Started with MGIC
* MI Basics
* Careers
* Contact
* Investors
* Login / Signup Toggle Menu
* Quick Quote: MiQ
* Order MI: Loan Center
* MGIC/Link Servicing
* Secure File Transfer
* Sign up for access
* Search
MGIC CONNECTS
MGIC Connects is our mortgage industry blog, where experts share their insights
beyond private mortgage insurance to help readers learn about mortgage finance,
housing trends, real estate news and social media in the mortgage industry.
1. MGIC
>
2. mgic connects
>
MORTGAGE CONNECTS, MGIC'S MORTGAGE INDUSTRY PODCAST
Tune in as we interview top mortgage professionals and thought leaders across
the industry – from proven LOs to established CEOs – who have wide-ranging
expertise to provide the best insights into market trends, best practices,
marketing and referral strategies, training opportunities, and the future of the
mortgage industry.
Learn more about our new podcast
* DANNY GARCIA-VELEZ Q&A: CONNECTING THE DOTS BETWEEN DEI, STRATEGIC INNOVATION
AND THE VALUE OF HOMEOWNERSHIP
by Danny Garcia-Velez | Sep 20, 2022
We interview Danny Garcia-Velez, Head of Regional Sales and Marketing at
MGIC, in celebration of Hispanic Heritage Month.
Read more
* HIPOLITO GARCIA Q&A: LATINOS ARE THE DRIVING FORCE BEHIND THE HOUSING MARKET
by Hipolito Garcia | Sep 15, 2022
We interview Hipolito "Hip" Garcia, Area Manager at Caliber Home Loans, in
celebration of Hispanic Heritage Month.
Read more
* PRODUCTS AND PROGRAMS THAT HELP CREDITWORTHY MINORITY APPLICANTS ACHIEVE
SUSTAINABLE HOMEOWNERSHIP
by Kevin Hearden and Jenny Steffens | Aug 31, 2022
Part 5 of our 5-part series: Products and programs that help creditworthy
minority applicants achieve sustainable homeownership
Read more
* WHEN LENDING WILL ONLY GO SO FAR, COLLECTIVE ACTION CAN TAKE YOU FARTHER
by Geoff Cooper | Aug 03, 2022
Part 4 of our 5-part series: When lending will only go so far, collective
action can take you farther
Read more
* EDUCATE EARLY AND BUILD TRUST TO ENCOURAGE MORTGAGE READINESS
by Danny Garcia-Velez | Jul 20, 2022
Part 3 of our 5-part series: Educate early and build trust to encourage
mortgage readiness
Read more
* HELP MORE AMERICANS REALIZE HOMEOWNERSHIP IS WITHIN THEIR GRASP
by Vance Edwards | Jun 20, 2022
Part 2 of our 5-part series: Addressing the racial equity gap in
homeownership
Read more
* TOM LAMALFA: MAY 2022 MORTGAGE MARKET SURVEY RESULTS
by Tom LaMalfa | Jun 14, 2022
Get the latest information on the current conditions of the mortgage market
from expert analyst Tom LaMalfa.
Read more
* CREATING AN EFFECTIVE PLAN STARTS WITH ASKING THE RIGHT QUESTIONS
by Geoff Cooper | Jun 01, 2022
Part 1 of our 5-part series: Addressing the racial equity gap in
homeownership
Read more
* THE IMPACT OF RISING HOME PRICES ON THE MISINFORMED
by Vance Edwards | Apr 20, 2022
Housing supply and demand has accelerated annual home price appreciation.
What strategies can help borrowers who are facing steeper prices?
Read more
* COMMUNITY BANKS BOOST LOCAL ECONOMIES BY SUPPORTING NEW CONSTRUCTION
by Kevin Hearden | Apr 12, 2022
4 ways community banks help boost local economies by being key contributors
to new home building efforts.
Read more
* SPECIAL PURPOSE CREDIT PROGRAMS: A TOOL FOR ADDRESSING RACIAL EQUITY IN
HOMEOWNERSHIP
by Geoff Cooper | Apr 04, 2022
SPCPs work to close the homeownership and wealth gaps between minority and
white households by focusing on sustainable, long-term, financially accretive
homeownership.
Read more
* MARCH 2022: WHAT DO MORTGAGE EXPERTS THINK ABOUT CURRENT MARKET CONDITIONS?
by Tom LaMalfa | Mar 23, 2022
Get the latest information on current conditions of the mortgage market from
expert analyst Tom LaMalfa.
Read more
* MORTGAGE MARKET SURVEY: OCTOBER 2021
by Tom LaMalfa | Nov 17, 2021
Get the latest information on the current conditions of the mortgage market
from expert analyst Tom LaMalfa!
Read more
* HOW TO SAVE MORE DEALS AND OFFER MORE OPTIONS TO HOMEBUYERS
by Vance Edwards | Nov 01, 2021
Ways to use private MI as a strategy to overcome the challenges of today’s
market as well as expand cash flow options.
Read more
* EDDY PEREZ Q&A: FREEDOM IS EVERYTHING
by Eddy Perez | Sep 20, 2021
Eddy Perez shares his father’s dangerous escape from Cuba, the importance of
mental health and his deathbed promise to leave the world a better place.
Read more
* MIKE GARCIA Q&A: THE IMPORTANCE OF THE 4 BIG CS – CONSTITUTION, CAPITALISM,
CHARITY & COMPETITION
by Rep. Mike Garcia | Sep 16, 2021
From flying fighter jets in the Navy to serving in Congress, Rep. Garcia
discusses how his goal has remained the same throughout his career: Fight for
the U.S. and preserve it for generations to come.
Read more
* ARMANDO FALCON Q&A: STRONG & CARING ROLE MODELS INSPIRED THE MAN HE IS TODAY
by Armando Falcon | Sep 16, 2021
Falcon shares why he went into public service, his efforts to clean up the
operations of the GSEs before the financial crisis, and what the mortgage
process will look like in 5 years.
Read more
* ANGEL ALBAN Q&A: ON WORKING HARD, HELPING OTHERS, DREAMING BIG AND MAKING IT
HAPPEN
by Angel Alban | Sep 16, 2021
Angel Alban shares career advice on how his Latin background gives him a
unique ability, and how his company is on the forefront of a technological
revolution that will transform mortgage originations and servicing forever.
Read more
* MORTGAGE MARKET SURVEY: MAY 2021
by Tom LaMalfa | Jun 07, 2021
Get the latest information on the current conditions of the mortgage market
from expert analyst Tom LaMalfa!
Read more
* PATTY GONG Q&A: ON SUCCESS AND NOT BEING AFRAID TO ASK QUESTIONS
by Patty Gong | May 04, 2021
Patty Gong discusses her path to leadership, how women can succeed in their
career journey, and why it’s important to let yourself shine.
Read more
* JIM PARK Q&A:CONNECTING WITH ASIAN AMERICANS IN THE COMMUNITY AND THE
MORTGAGE INDUSTRY
by Jim Park | May 04, 2021
Jim Park discusses Asian American outreach and connection, why diversity in
America isn’t going away anytime soon, and what defines the AAPI community.
Read more
* DANNY GARDNER Q&A: OVERCOMING HURDLES TO BUILD MORE CULTURALLY INCLUSIVE
COMMUNITIES
by Danny Gardner | May 04, 2021
Danny discusses how Freddie Mac supports equitable housing, why homeownership
is the backbone of family stability, and minority homeownership rates.
Read more
* COMMUNITY BANKS AS PARTNERS
by Kevin Hearden | Apr 15, 2021
According to the FDIC, there are over 4,500 community banks across the
country. The majority are partners of MGIC. And we’re proud of that.
Read more
* SURVEY OF MORTGAGE MARKET CONDITIONS - MARCH 2021
by Tom LaMalfa | Mar 18, 2021
Get the latest information on the current conditions of the mortgage market
from expert analyst Tom LaMalfa!
Read more
* SENATOR TIM SCOTT Q&A: CLOSING THE ECONOMIC GAP THROUGH FINANCIAL LITERACY
by Tim Scott | Feb 17, 2021
Tim Scott opens up about how his humble beginnings and the help of a mentor
who showed him the dignity of work led to his life of public service.
Read more
* TONY THOMPSON Q&A: INCREASING DIVERSITY IN THE MORTGAGE BANKING INDUSTRY
by Tony Thompson | Feb 15, 2021
Tony discusses how the lack of women, millennials and minorities in the
mortgage banking industry was the impetus for founding NAMMBA.
Read more
* GWEN MOORE Q&A: HOPE FOR THE FUTURE AND EXPANDING OPPORTUNITIES FOR BLACK
AMERICANS
by Gwen Moore | Feb 15, 2021
Gwen reflects on the events of 2020, the storming of our Capitol, and how the
pandemic shined a spotlight on racial inequality and economic disparity for
Black Americans. She also offers a solution for bridging our country’s deep
divisions and shares her hopes and priorities for 2021.
Read more
* LISA RICE Q&A: HOW FAIR HOUSING INTERSECTS WITH ALL ASPECTS OF SOCIETY
by Lisa Rice | Feb 09, 2021
Lisa discusses how the legacy of discrimination resulted in disparities of
wealth, homeownership and opportunity.
Read more
* ANTOINE THOMPSON Q&A: PROMOTING DEMOCRACY IN HOUSING WITH NAREB
by Antoine Thompson | Feb 03, 2021
Antoine shares how NAREB has helped him worked closely with the African
American community while expanding NAREB’s footprint.
Read more
* MORTGAGE EXECUTIVES SURVEY | 2020 MBA ANNUAL CONVENTION
by Tom LaMalfa | Oct 27, 2020
The purpose of the survey was to ascertain their thinking about a wide array
of germane and important industry issues and topics.
Read more
* WHAT IS THE MORTGAGE BANKING INDUSTRY THINKING?
by Tom Lamalfa | Jun 11, 2020
COVID-19 has presented difficulties for almost all industries in early 2020.
How is the mortgage industry faring? Here's what top industry executives
think.
Read more
* 5 TIPS FOR WORKING AT HOME WITH CHILDREN
by Carrie Edwards | Mar 26, 2020
Learn how to turn the challenge of working at home with your children in the
house into a positive experience for the whole family.
Read more
* HUD SECRETARY BEN CARSON Q&A: HIS VISION FOR IMPROVING HOUSING IN AMERICA
by MGIC, featuring Ben Carson | Feb 28, 2020
Secretary Carson explains how his background in neurosurgery has translated
to his position as Secretary of HUD.
Read more
* KRISTY FERCHO Q&A: LEADING WITH PASSION, PERSEVERANCE, PERSPECTIVE
by MGIC, featuring Kristy Fercho | Feb 26, 2020
Kristy shares advice on how to achieve success when you stand out in a
low-diversity environment, how to maintain passion by shifting perspective,
and how her faith helps her persevere through adversity.
Read more
* CONGRESSWOMAN GWEN MOORE Q&A: A PASSION FOR HOUSING, PROTECTION, EMPOWERMENT
by Gwen Moore | Feb 24, 2020
Gwen shares what inspired her to run for public office, the integral role
she’s had in shaping housing finance, why Black Americans are experiencing
the lowest homeownership rate in decades, and what we can do to fix it.
Read more
* DITRICK DUNN Q&A: WHY HOUSING FINANCE IS THE "BEDROCK OF OUR CIVILIZATION"
by MGIC, featuring Ditrick Dunn | Feb 21, 2020
Ditrick shares his journey from military intelligence to housing finance, why
he thinks housing finance is the bedrock of our civilization, and the
challenges of starting your own company.
Read more
* STEVE THOMAS Q&A: FHLBANK'S ROLE IN EXPANDING HOMEOWNERSHIP, IMPORTANCE OF
DIVERSITY & INCLUSION
by MGIC, featuring Steve Thomas | Feb 19, 2020
Steve shares how his college ROTC experience taught him values that serve as
an excellent foundation for his career, explains his journey into the
mortgage finance world, and more.
Read more
* LENNY MCNEILL Q&A: KEYS TO AFFORDABLE LENDING, REACHING AFRICAN AMERICANS,
MENTORSHIP
by Lenny McNeill | Feb 18, 2020
Lenny shares his thoughts on how to successfully promote affordable lending
to bring the possibility of homeownership – and the American Dream – to all.
Read more
* ALANNA MCCARGO Q&A: THE POWER OF PUBLIC POLICY, UNDERSTANDING THE BLACK
HOMEOWNERSHIP GAP
by Alanna McCargo | Feb 12, 2020
Alanna explains her passion for public policy and housing, and sheds light on
the uphill battle for black Americans seeking homeownership.
Read more
* SANDRA THOMPSON, FHFA DEPUTY DIRECTOR Q&A: BALANCING REGULATION, ACCESS IN
HOUSING FINANCE
by MGIC, featuring Sandra Thompson | Feb 06, 2020
Sandra explains how the FHFA’s obligations are really two sides of the same
coin, offers advice on finding the right mentor, and much more.
Read more
* WHY DOES HISPANIC HOMEOWNERSHIP KEEP GROWING? | MGIC CONNECTS
by Danny Garcia-Velez | Sep 30, 2019
The world is finally catching on; Hispanic Heritage Month has prompted some
internal reflection on what it means to be Hispanic.
Read more
* HOW TO USE BEACON MARKETING TECHNOLOGY TO GROW YOUR MORTGAGE BUSINESS
by Ben Smidt | Apr 10, 2019
Beacon marketing technology seems to bea mystery for many in the mortgage and
real estate business, but it can power a better customer experience, build
relationships, and grow business.
Read more
* REDUCE THE IMPACT OF CECL WITH MORTGAGE INSURANCE
by Garrett Hartzog | Nov 29, 2018
A lot of attention is being paid to current expected credit loss (CECL), a
new accounting standard. So, what does this mean?
Read more
* GETTING STARTED WITH SOCIAL MEDIA IN THE MORTGAGE INDUSTRY
by Ben Smidt | Sep 04, 2018
Getting started with social media in the mortgage industry can be daunting.
Below are some of the easiest and best social media tips I have on how you
can use social media to increase your business growth.
Read more
* EDUCATION: THE PATH TO HOMEOWNERSHIP
by Rob Chrane | Jan 31, 2018
In study after study, we see how little first-time homebuyers know about the
path to homeownership, especially when it comes to down payment requirements
and options. The world needs real estate agent and mortgage loan officer
“teachers” more than ever.
Read more
* TOP MORTGAGE INDUSTRY BLOGS YOU NEED TO BE READING RIGHT NOW
by Ben Smidt | Oct 04, 2017
We've collected the top mortgage blogs you need to be reading right now as a
mortgage professional. Discover something new to share with your borrowers.
Read more
* WAITING TO SAVE A 20% DOWN PAYMENT CAN COST HOMEBUYERS MONEY
by Vance Edwards | Apr 05, 2017
Let homebuyers know that waiting to save up 20% is not the only option, and
they may be better off buying a home today with a smaller down payment.
Read more
* 5 SECRETS OF CUSTOMER EXPERIENCE SUCCESS IN THE MORTGAGE INDUSTRY
by Margaret Crowley | Mar 28, 2017
In every profession, it’s the end-to-end customer experience that will set
you apart from the competition – and the mortgage industry is no exception.
Read more
* WHY IT’S OKAY TO HAVE STUDENT LOAN DEBT
by Vance Edwards | Sep 15, 2016
I believe the secret to a happy life is to make sure you understand the
difference between a problem and an inconvenience. For most, student loan
debt is an inconvenience. A burden, not a crisis.
Read more
* HOW TO BUILD A SOCIAL MEDIA STRATEGY IN THE MORTGAGE INDUSTRY
by Ben Smidt | Aug 24, 2016
Understanding how to build a social media strategy in the mortgage industry
is an important component to any loan officer’s personal marketing strategy.
Read more
* MAKING A CASE FOR DEEP COVERAGE MORTGAGE INSURANCE
by Ted Durant | Jun 28, 2016
Deep Coverage Mortgage Insurance can play a significant role in bringing
additional private capital to housing finance and reducing taxpayer risk.
Read more
* DEMYSTIFYING PARTNERSHIP AND S CORP INCOME ANALYSIS
by Shelley Callaghan | May 04, 2016
Analyzing self-employment income from tax returns has long been one of the
mysteries of mortgage underwriting — especially partnership and S-Corp
returns.
Read more
* 3 QUICK TIPS ABOUT HOW TO BE MORE PRODUCTIVE IN THE MORTGAGE INDUSTRY
by Ben Smidt | Mar 10, 2016
Here are three quick tips I have learned about how to be more productive and
how it translates to the mortgage industry.
Read more
* 6 BASICS YOUR BORROWERS SHOULD KNOW ABOUT CREDIT SCORES
by David Greco | May 13, 2015
Credit score awareness is important to all of us, but it is especially
important to those seeking to secure a home mortgage.
Read more
* DO YOU KNOW YOUR MORTGAGE FRAUD RED FLAGS?
by Tom Laposki | Mar 19, 2015
Anyone in the mortgage industry knows mortgage fraud happens, but all too
often it’s a case of “that would never happen to me!” Are you sure?
Read more
* 5 GREAT WAYS TO ANNOY YOUR LINKEDIN CONNECTIONS
by Ben Smidt | Mar 11, 2015
Use these expert tips and strategies to help guide your use of the leading
professional social media platform.
Read more
* SOCIAL MEDIA SECRETS FOR THE SAVVY LOAN OFFICER
by Ben Smidt | Feb 04, 2015
Let's discuss some of the social media secrets savvy loan officers are doing
to expand their customer base, but not spending significant time doing it.
Read more
* EDUCATION AS A LEAD GENERATOR
by Shelley Callaghan | Jan 08, 2015
First-time homebuyers, specifically Millennials, are known to use the
information they find on the internet to inform their decisions.
Read more
* 3 WAYS TO AVOID MORTGAGE INSURANCE (AND WHAT IT WILL COST YOU)
by Sal Miosi | Oct 31, 2014
There are typically 3 “strategies” to avoiding mortgage insurance. Here are
the three ways you can avoid mortgage insurance (and what it will cost you).
Read more
* 4 MYTHS OF SOCIAL MEDIA YOU NEED TO RETHINK
by Ben Smidt | Oct 15, 2014
With the rise of social media use among companies in regulated industries,
it's important to understand the myths of social media worth rethinking.
Read more
* HOW YOU CAN HELP FIRST-TIME HOMEBUYERS UNDERSTAND THEIR HOME-BUYING OPTIONS
by Shelley Callaghan | Aug 27, 2014
A recent Federal Reserve Board consumer survey found many current renters
would rather be homeowners. However, 45% of renters aren’t looking to buy
because they don’t think they can come up with the necessary down payment.
And 29% believe they simply wouldn’t qualify for a mortgage.
Read more
Showing 6 most recent
View More
RESOURCES
* FEATURED WEBINAR
LinkedIn Strategies for Loan Officers
Watch the webinar
* INFOGRAPHIC LIBRARY
MGIC's infographic library is a collection of easy to digest content which
speaks to a variety of audiences.
View our infographics
* NEVER MISS A POST!
Get MGIC insights delivered straight to your inbox! Join the thousands of
industry pros receiving regular updates from MGIC.
Subscribe today
* PO Terms
* Consumer Privacy Policy
* Legal
* Manage Email Preferences
* Site Security
* Site Map
© Copyright 2023
All rights reserved.
ABOUT MGIC
* About MGIC
* Careers
* Contact Us
* Master Policy
* MI Basics
* New To MGIC
POPULAR LINKS
* First-time homebuyers
* Get a Rate Quote
* Homebuyer education
* Self-employed borrower worksheets
* Training
MGIC WEBSITES
* Credit Unions
* For Investors
* Loan Officer Hub
* MGIC Connects
* Readynest - Tips for homebuyers
* MGIC Connects
* Facebook
* LinkedIn
* Twitter
* YouTube
X
Cookies help us improve your website experience. By using our website, you agree
to our use of cookies. Privacy Warning
Confirm