The Mortgage Guaranty Insurance Corporation ("MGIC"), the principal subsidiary of MGIC Investment Corporation, has promoted Steven M. Thompson to executive vice president and chief risk officer.
Mr. 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 for credit policy and pricing and 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, the chief executive officer 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."
Mr. Thompson earned his B.S. in finance from the University of Wisconsin – La Crosse.
At September 30, 2019, MGIC had $218.1 billion of primary insurance in force covering approximately one million mortgages.
Learn more: www.mgic.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].