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Servicing Guide

Our Servicing Guide covers procedures for maintenance on certificates such as servicer changes, assumptions, modifications, terminations, reinstatements, etc.

Note: links below open the Servicing Guide .pdf document.

1 Responsibility of the Servicer
 
2 Commitment/Certificates
2.01 Commitment/Certificates · 2.02 Changes to the Commitment/Certificate at or before closing · 2.03 How your insurance coverage becomes certified
3 Changes After Coverage is Certified
3.01 Change of servicer · 3.02 Assumptions · 3.03 Loan modifications · 3.04 Balloon mortgages · 3.05 Partial releases · 3.06 Coverage changes · 3.07 Loan number changes · 3.08 Other changes
4 Billing Process
4.01 Renewals · 4.02 Terminations · 4.03 Reinstatements · 4.04 Cancellations
5 Forms
5.01 Notice of Change of Servicer · 5.02 Notice of Assumption · 5.03 Notice of Loan Modification · 5.04 Request for Cancellation of Insurance · 5.05 Term-to-78% Singles Refund Information
Optimize MI servicing with help from…
MGIC Servicing Guide (1.47MB .pdf)