Company Information

Get to know mimutual mortgage

Founded in 1957, Mortgage Guaranty Insurance Corporation (MGIC) is the originator of the modern private mortgage insurance industry. As the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), the company's primary business is to provide credit risk protection to mortgage lenders and investors. This insurance allows borrowers to purchase homes with a down payment of less than 20%, thereby expanding homeownership opportunities while mitigating the lender's financial risk in case of borrower default.

Industry

Financial InsurancePRIMARY
Financial Other Service

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mimutual mortgage

United States

Founded in

1992 (34 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.