Home Re 2021-1 Ltd

A number of mortgage insurance-linked securities (ILS) issuances have had their ratings upgraded, as Moody’s noted improved credit enhancement and reduced projected losses across a series of the deals.

MGIC Investment Corporation is back in the capital markets with what will be its third sponsorship of a mortgage insurance-linked securities (ILS) issuance, as it seeks roughly $399 million of collateralized mortgage reinsurance with the Home Re 2021-1 Ltd. issuance.