MGIC the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), is the nation's leading provider of private mortgage insurance (Private MI) coverage with $197 billion insurance in force covering 1.7 million mortgages as of December 31, 2002. MGIC serves approximately 5,000 lenders with locations across the country and in Puerto Rico, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality.