New business and solid annual persistency should drive the insurance-in-force portfolio. A higher level of new and existing home sales, an increased percentage of homes purchased for cash, and an improved level of refinance activity should help MGIC Investment grow. MTG has been witnessing a declining pattern of claim filings. A decline in losses and claims will strengthen the balance sheet and improve this mortgage insurer's financial profile. The largest mortgage insurer in the United States is improving its capital position with capital contributions, reinsurance transactions, and cash position. Both leverage and times interest earned ratios have been improving. A solid capital position supports MTG in wealth distribution. The company currently has $742.2 million remaining in its authorization kitty through December 2026. Its share repurchase activity reflects continued strong mortgage credit performance.