MILWAUKEE, June 26, 2006 -- eMagic(R), the technology subsidiary of Mortgage Guaranty Insurance Corporation (MGIC), today announced the availability of eMagic Trio, a dynamic document imaging and storage system. The easy-to-use platform is designed to increase productivity, and advance the electronic sharing and storing of loan documents.

"MGIC is committed to building industry wide efficiency," explains MGIC President and Chief Operating Officer Patrick Sinks. "Trio streamlines communications between originators and lenders, while providing best in class customer service. eMagic Trio will build on Trio's success by providing a secure alternative to archiving paper loan files."

eMagic Trio extends the Trio product line, which was introduced in March 2005. Trio allows loan originators to deliver loans electronically for underwriting to lenders via eMagic private label sites. eMagic Trio expands the product by providing a mechanism for long-term archival of loan files. By doing so, eMagic Trio provides customers the ability to easily take one step closer to a paperless processing environment. By using eMagic Trio customers can:

-- Eliminate cumbersome paper filing systems, costly off-site storage facilities, and the possibility of ever losing another loan file;

-- Securely store consumer loan documents for the retention period specified by their state regulators (up to 10 years);

-- Streamline the process of assembling the loan file -- both the data and the documents generated on the platform are automatically included in the Trio folder;

-- Receive mobile updates on loan file underwriting status to their cell phones or PDAs;

-- Keep Realtors(R), loan officers or other involved third parties apprised of loan status with text messaging;

-- Compile an entire loan file, then select which items to electronically share with the Trio lender; and

-- Deliver loan files instantly to participating Trio lenders. eMagic Trio is priced based on the number of Trio folders a user has in inventory. Monthly pricing starts as low as $9.95. To learn more about eMagic Trio, or to begin using the service, visit http://www.eMagic.com .

About eMagic

Founded in 2000, eMagic is the technology subsidiary of Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG). eMagic, a tiered technology solutions provider for mortgage industry originators, lenders and vendors, brings both value and efficiency for its customers through interfaces with national mortgage service providers and proven, innovative solutions. For more information please go to http://www.emagic.com .