Regulation and Compliance

MGIC Names Steven M. Thompson EVP-Chief Risk Officer

NationalMortgageProfessional.com
Nov 14, 2019
Mortgage Guaranty Insurance Corporation (MGIC) has announced the promotion of Steven M. Thompson to the role of executive vice president–chief risk officer

Mortgage Guaranty Insurance Corporation (MGIC) has announced the promotion of Steven M. Thompson to the role of executive vice president–chief risk officer.
 
Thompson has more than 30 years of experience in the mortgage insurance industry. He joined MGIC in 1998 and has held several management positions, including most recently vice president of credit policy and pricing, and as interim chief risk officer.
 
"The combination of Steve's skills and experience, both in the industry and with our company, makes him well suited to lead our risk management team," said Timothy Mattke, CEO of MTG and MGIC. "Our company and industry are in great shape to expand our role in the market. Steve's experiences will provide us invaluable insight into how we can expand our role while maintaining a robust risk management culture."
 
Link copied
Published
Nov 14, 2019
Get the NMP Daily
Analysis and Data
Over One-Third Of Americans Wants A Housing Crash

LendingTree study finds 44% of consumers believe a housing crash is coming in 2024

According to the latest LendingTree survey of over 2,000 U.S. consumers, 44% of Americans think the market is at risk of a housing crash in the next year. And with some non-homeowners believing a crash is the only way they could afford a home, it may not seem surprising that...

Continue reading
Analysis and Data
Housing Payments On A 5-Week Decline

Redfin's study shows monthly mortgage payments dropping $164 from peak.

A five-week decline in mortgage rates has led to a corresponding decline in housing payments, according to a new report from Redfin, the technology-powered real estate brokerage. The typical U.S. homebuyer’s monthly mortgage payment was $2,575 during the four weeks ending No...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Regulation and Compliance
CFPB Slaps Bank Of America With $12 Million Penalty For False Mortgage Data Reporting

For at least four years, hundreds of Bank of America loan officers failed to ask mortgage applicants certain demographic questions.

Regulation and Compliance
Nov 28, 2023
Rising Home Values Propel Higher Loan Limits

FHFA Announces 5.6% Increase in Conforming Loan Limits for 2024

Regulation and Compliance
Nov 28, 2023
NMLS — Then, Now, And To Come

Leaders reminisce, plan, and dream about the regulatory group on its 15th birthday

Regulation and Compliance
Nov 02, 2023
Fannie Mae, Freddie Mac Shareholders Win Prejudgment Interest On $299M Verdict

Federal court upholds shareholders' right to interest after government's wrongful claim on profits; simple interest rate set, drawing from Delaware law precedent.

Regulation and Compliance
Oct 26, 2023
ADUs Can Now Be Sold Separately In California

‘Backyard revolution’ opens up the affordable housing market.

Regulation and Compliance
Oct 20, 2023
Cracking The Crackdown

How to eliminate and prevent ‘junk’ fees to avoid penalties

Regulation and Compliance
Oct 03, 2023