Mortgage Guaranty Insurance Corp.'s delinquent loan inventory was reduced by just over 1,000 loans during January, after
There were 9,365 new notices of delinquency in January, 385 more than the number received for December, but a significant improvement over the
In December, 7,259 loans cured and it paid 2,445 claims.
Typically, delinquencies are up in January because of holiday-related spending with those bills coming due.
MGIC wrote $1.7 billion of primary new insurance during the month, compared with $2.2 billion in both December and January 2013.