Exhibit 21
MGIC INVESTMENT CORPORATION
DIRECT AND INDIRECT SUBSIDIARIES(1)
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| 1 | MGIC Assurance Corporation |
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| 2. | MGIC Credit Assurance Corporation |
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| 3. | MGIC Indemnity Corporation |
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| 4. | MGIC Insurance Services Corporation |
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| 5. | MGIC Investor Services Corporation |
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| 6. | MGIC Mortgage and Consumer Asset I, LLC(2) |
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| 7. | MGIC Mortgage and Consumer Asset II, LLC(2) |
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| 8. | MGIC Mortgage Services, LLC |
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| 9. | MGIC Reinsurance Corporation of Vermont(3) |
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| 10. | Mortgage Guaranty Insurance Corporation |
The names of certain entities that would not in the aggregate be a significant subsidiary are omitted.
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| (1) | Except as otherwise noted in a footnote, all companies listed are 100% directly or indirectly owned by the registrant and all are incorporated in Wisconsin. |
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| (2) | Organized under Delaware law. |
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| (3) | Organized under Vermont law. |
