Two Mortgage Industry Veterans Join MGIC

MILWAUKEE, June 18, 2014 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the primary subsidiary of MGIC Investment Corporation (NYSE: MTG), has announced the addition of two mortgage industry professionals to help advance its business and product development efforts.

William Todd Pittman joins MGIC as the Managing Director for MGIC's Southeast Sales Region.  Todd has more than 29 years of experience in sales and sales management.  He spent 25 years with The PMI Group, where he served as an account executive, area sales manager, managing director and vice president.  He also was the secondary market manager for Raleigh Federal Savings Bank.  Since 2012, he has been the sales director for Quarles, an Altantic-based petroleum supplier.  Todd has a Bachelor's degree in Business Administration from Campbell University in North Carolina. 

Geoffrey Cooper returns to MGIC as the Director of Customer Solutions. Geoff has been serving as the Director of Single Family Housing at the Wisconsin Housing and Economic Development Authority (WHEDA) since 2008.  Prior to working with WHEDA, Geoff was MGIC's Director of Emerging Markets and also MGIC's Director of Corporate Communications and Public Policy.  He has a Bachelor's degree in Journalism from the University of Wisconsin-Madison.   

"As the housing market and overall economy continue to improve, MGIC is ready to help our customers achieve their mortgage lending goals," explained Cheryl Webb, Senior Vice President Field Operations.  "Adding top talent like Todd and Geoff to our team allows us to provide a best in class customer experience."

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality.  At March 31, 2014 MGIC had $157.9 billion of primary insurance in force covering approximately one million mortgages.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website without making any other disclosure and intends to continue to do so in the future. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings.  Enrollment information can be found at http://mtg.mgic.com under Investor Information.

SOURCE MGIC Investment Corporation



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