COVID-19 updates and resources - updated 09/30/21 Dismiss Alert MGIC Loan Servicing Guide servicing We are aware that mortgage Servicers supporting borrowers impacted by COVID-19 may have questions regarding our policies on default reporting and borrower workout programs. To help you, we created this quick reference Q&A for Servicers. Our MGIC Servicing and Rescission Relief guides provide you with information you need to service your MI insured loans including guidelines, requirements, and submission options. Servicing Guide Download the full guide or review a specific section. Full MGIC Servicing Guide (03/18/2021) Section 1, Mortgage Insurance Premium Section 2, Cancellations Section 3, Reinstatements Section 4, Certificate Changes Section 5, Servicing Transfers Section 6, Assumptions Section 7, Partial Releases Section 8, Loan Status & Activity Reporting Section 9, Loan Modifications Section 10, Loss Mitigation Section 11, Foreclosure Section 12, Claim Section 13, Real Estate Owned (REO) Property Sales & Election of Acquisition Option Section 14, Credible Evidence Section 15, Appeals Section 16, Exhibits Section 17, Servicing Tools Rescission Relief Guide Our Gold Cert Coverage provides rescission relief for Significant Defects, Valuation Defects and Borrower fraud on qualifying loans after 36 months, regardless of the submission method. For loans that do not meet 36-month coverage requirements, Gold Cert Coverage provides relief at 60 months. You can also opt for early rescission relief by submitting certain documents at application and/or after you notify MGIC to activate insurance. Refer to your Master Policy and the following guide for complete requirements. MGIC Rescission Relief Guide (02/08/2021) You might also like File a claim Via MGIC/Link Servicing, our secure web platform for all of your servicing-related tasks. Log in or sign up Order MGIC mortgage insurance Use the Loan Center to order mortgage insurance quickly and easily. Log in or sign up Find your Servicing Relationship Manager Your SRM is ready to help you with all your servicing-related needs. Meet your SRM PO Terms Legal Site Security Site Map © Copyright 2021 All rights reserved. About MGIC About MGIC Careers Contact Us Master Policy MI Basics New To MGIC Popular Links First-time homebuyers Get a Rate Quote Homebuyer education Self-employed borrower worksheets Training MGIC Websites Credit Unions For Investors Loan Officer Hub MGIC Connects Readynest - Tips for homebuyers MGIC Connects Facebook LinkedIn Twitter YouTube Cookies help us improve your website experience. By using our website, you agree to our use of cookies. Privacy Warning Confirm