April 26, 2013

MGIC's Culver says firm in 'great position' at annual meeting

The leader of MGIC Investment Corp. was all smiles at Thursdayâ;€™s annual meeting after several tough years for the Milwaukee company.â;€Âoe;What Iâ;€™d like to talk about really is the great position our company is in,â;€Â; CEO Curt Culver said at the start of the meeting.

Housing prices are rising, delinquencies continue to drop and the number of mortgages that are â;€Âoe;underwater,â;€Â; when the amount owed on the mortgage is more than the value of the house, has dropped significantly since 2011. Thatâ;€™sâ;€¦;

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