Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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State Waives Restrictions on Mortgage Insurer
Posted on December 9th, 2009 No commentsMilwaukee-based MGIC Investment Corp.’s principal subsidiary Mortgage Guaranty Insurance Corp. announced that the state’s Office of the Commissioner of Insurance has waived, until Dec. 31, 2011, the requirement that MGIC maintain a specific level of minimum regulatory capital to write new mortgage guaranty policies. Read more in the Small Business Times of Milwaukee.
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