Bulletins

National bulletins | Housing Finance Agency (HFA) bulletins

MGIC bulletins announce changes to our underwriting guidelines and/or rates. Sign up for e-mail updates.

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National bulletins

2013
Number	Date	Topics, (effective dates)
05-2013	05/01/13	Expanding MGIC Go! and standard underwriting requirements to include manufactured homes and South Florida attached housing, including condominiums and cooperatives (05/01/2013)
04-2013	03/01/13	MGIC announces: documentation requirements for DU/LP loans with a response other than Approve/Eligible or Accept/Eligible; underwriting changes to our cash-out policy for DU/LP loans with a response other than Approve/Eligible or Accept/Eligible OR those not processed through DU or LP (03/04/2013); an increase to our rates for the 95.01%-97% LTV category; and a decrease for certain BPMI nonrefundable single and LPMI single rates where the credit scores are 760 or greater (05/01/2013)
03-2013	02/01/13	Reduces the attached housing, condominium and cooperative restrictions in Florida to 3 CBSAs (02/01/13).
02-2013	01/30/13	MGIC Go! streamlines underwriting and processing for DU Approve and LP Accept loans with minimal overlays (01/30/13).
01-2013	01/04/13	Announces a number of underwriting changes to better align with today's lending industry (01/28/13).

2012
Number	Date	Topics, (effective dates)
06-2012	11/13/12	Announces a HARP RTM Requirement change for areas affected by significant disasters (11/13/12).
05-2012	10/26/12	Announces the combining of standard monthlies and ZOMP monthlies (11/01/12).
04-2012	08/06/12	Announces the removal of Restricted Market status for AZ, FL and NV (08/06/12).
03-2012	05/15/12	Announces Restricted Market Guideline changes to maximum DTI and minimum credit score (05/21/12).
02-2012	02/10/12	Announces underwriting changes and the reduction in rates for high credit scores (02/20/12 and 03/12/12).
01-2012	01/09/12	Announces underwriting requirement changes to ARMS; nontraditional credit; small condo projects; & the Non-HARP Refi-to-Mod programs (01/16/12).

Housing Finance Agency (HFA) bulletins

2013
Number	Date	Topics, (effective dates)
01-2013	05/13/13	MGIC Go! affordability+ streamlines underwriting and processing for DU Approve and LP Accept loans. Expanding affordability+ underwriting requirements to include manufactured homes and South Florida attached housing, including condominiums and cooperatives (05/13/2013)

2012
Number	Date	Topics, (effective dates)
01-2012	03/05/12	MGIC streamlines guidelines and reduces rates for higher credit scores (04/02/12).