Webinar Registration

The Value of Mortgage Insurance Under CECL

An MGIC Exclusive webinar presented by RiskSpan

Wednesday, November 7, 2018

3:00 p.m. (CT)/4:00 p.m (ET)

Mortgage insurance is typically purchased to protect mortgage investors from credit risk. Under CECL, the new "Current Expected Credit Loss" accounting standard, mortgage insurance provides a secondary benefit: a lower allowance for credit losses.

This webinar will:
    • Quantify the impact of MI on CECL under a range of macroeconomic scenarios
    • Introduce a way of measuring MI "value" in a CECL context, namely, a premium-to-allowance reduction ratio
    • Under a mainstream set of macroeconomic assumptions, analyze various coverage levels to search for best value