Who we are and what we do.
eMagic is the mortgage industry's most successful and diverse service fulfillment platform. With tens of thousands of individual users and hundreds of lender storefronts, eMagic has facilitated well-over 3 million transactions since its conception in 2000.
What makes eMagic click behind the scenes is our people. There is no substitute for actual hands-on experience, and eMagic's knowledge of the mortgage industry is based on many years of industry experience. We are mortgage people who know technology, not techies learning the mortgage business.
We are dedicated to automating mortgage originations by bridging the gap between originators, lenders, and vendors. eMagic brings together industry-specific products and services, workflow/processing tools, and access to information and resources for the mortgage industry all in one convenient place.
Based in Milwaukee, Wisconsin, eMagic is a wholly owned subsidiary of the MGIC Investment Corporation.
About MGIC:
The essence of MGIC Investment Corporation is captured in our tagline, "Homeownership Today." First and foremost, MGIC Investment, through Mortgage Guaranty Insurance Corp. (MGIC), is a private mortgage insurer. Secondarily, MGIC Investment, through MGIC and other subsidiaries and investments, provides numerous products and services that enhance mortgage lenders' ability to meet the home loan needs of American families.
It starts with private mortgage insurance. MGIC, the principal subsidiary of MGIC Investment, has enabled millions of American families to attain homeownership. Private mortgage insurance has been part of the nation's homeownership fabric for approximately 50 years. Its role is critical - it makes it possible for lenders to provide loans to borrowers who make less than 20 percent down payments.