MGIC Promotes Danny Garcia-Velez To VP, Business Development – NMP Skip to main content

MGIC Promotes Danny Garcia-Velez To VP, Business Development

Aug 12, 2020
Embrace Home Loans formed a partnership with Ameriprise Financial that will provide Ameriprise's wealth management advisors and clients with mortgage financing and services
Director of Events

Mortgage Guaranty Insurance Company promoted Danny Garcia-Velez to vice president, business development after serving as the company's marketing program manager since 2017.

He previously served as vice president at the Homeownership Preservation Foundation, leading program and counseling efforts.Photo of Danny Garcia

"Danny's reputation is that of a problem-solver, a creative and critical thinker, and a leader in his relatively short tenure with MGIC," said Jay Hughes, executive vice president, sales and business development. "His diverse skill set is a valuable asset as we continue to transform our business."

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Aug 12, 2020
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Jul 02, 2026