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Premium Deficiency Reserve (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Premium Deficiency Reserve [Abstract]      
Present value of expected future premium $ 387,000,000mtg_PresentValueOfExpectedFuturePremium $ 432,000,000mtg_PresentValueOfExpectedFuturePremium $ 445,000,000mtg_PresentValueOfExpectedFuturePremium
Present value of expected future paid losses and expenses (941,000,000)mtg_PresentValueOfExpectedFuturePaidLossesAndExpenses (1,101,000,000)mtg_PresentValueOfExpectedFuturePaidLossesAndExpenses (1,285,000,000)mtg_PresentValueOfExpectedFuturePaidLossesAndExpenses
Net present value of future cash flows (554,000,000)mtg_PresentValueOfExpectedFuturePaidLossesAndExpensesNetOfExpectedFuturePremium (669,000,000)mtg_PresentValueOfExpectedFuturePaidLossesAndExpensesNetOfExpectedFuturePremium (840,000,000)mtg_PresentValueOfExpectedFuturePaidLossesAndExpensesNetOfExpectedFuturePremium
Established loss reserves 530,000,000mtg_LiabilityForClaimsAndAdjustmentExpense 621,000,000mtg_LiabilityForClaimsAndAdjustmentExpense 766,000,000mtg_LiabilityForClaimsAndAdjustmentExpense
Net deficiency (23,751,000)mtg_PremiumDeficiencyReserve (48,461,000)mtg_PremiumDeficiencyReserve (73,781,000)mtg_PremiumDeficiencyReserve
Discount rate utilized 2.10%mtg_PremiumDeficiencyReserveDiscountRate 1.60%mtg_PremiumDeficiencyReserveDiscountRate 1.30%mtg_PremiumDeficiencyReserveDiscountRate
Change in premium deficiency reserve 24,000,000mtg_IncreaseDecreaseInPremiumDeficiencyReserve 26,000,000mtg_IncreaseDecreaseInPremiumDeficiencyReserve 61,000,000mtg_IncreaseDecreaseInPremiumDeficiencyReserve
Premium Deficiency Reserve [Roll Forward]      
Premium Deficiency Reserve at beginning of year (48,461,000)mtg_PremiumDeficiencyReserve (73,781,000)mtg_PremiumDeficiencyReserve (135,000,000)mtg_PremiumDeficiencyReserve
Paid claims and loss adjustment expenses 169,000,000mtg_PaidClaimsAndLossAdjustmentExpenses 214,000,000mtg_PaidClaimsAndLossAdjustmentExpenses 279,000,000mtg_PaidClaimsAndLossAdjustmentExpenses
Decrease in loss reserves (91,000,000)mtg_DecreaseInLossReserves (145,000,000)mtg_DecreaseInLossReserves (60,000,000)mtg_DecreaseInLossReserves
Premium earned (79,000,000)us-gaap_SupplementaryInsuranceInformationPremiumRevenue (96,000,000)us-gaap_SupplementaryInsuranceInformationPremiumRevenue (102,000,000)us-gaap_SupplementaryInsuranceInformationPremiumRevenue
Effects of present valuing on future premiums, losses and expenses (2,000,000)mtg_EffectsOfPresentValueOnFuturePremiumsLossesAndExpenses (1,000,000)mtg_EffectsOfPresentValueOnFuturePremiumsLossesAndExpenses (1,000,000)mtg_EffectsOfPresentValueOnFuturePremiumsLossesAndExpenses
Change in premium deficiency reserve to reflect actual premium, losses and expenses recognized (3,000,000)mtg_ChangeInPremiumDeficiencyReserveToReflectActualPremiumLossesAndExpensesRecognized (28,000,000)mtg_ChangeInPremiumDeficiencyReserveToReflectActualPremiumLossesAndExpensesRecognized 116,000,000mtg_ChangeInPremiumDeficiencyReserveToReflectActualPremiumLossesAndExpensesRecognized
Change in premium deficiency reserve to reflect change in assumptions relating to future premiums, losses expenses and discount rate 27,000,000mtg_ChangeInPremiumDeficiencyReserveToReflectChangeInAssumptionsRelatingToFuturePremiumsLossesExpensesAndDiscountRate1 [1] 54,000,000mtg_ChangeInPremiumDeficiencyReserveToReflectChangeInAssumptionsRelatingToFuturePremiumsLossesExpensesAndDiscountRate1 [1] (55,000,000)mtg_ChangeInPremiumDeficiencyReserveToReflectChangeInAssumptionsRelatingToFuturePremiumsLossesExpensesAndDiscountRate1 [1]
Premium Deficiency Reserve at end of year $ (23,751,000)mtg_PremiumDeficiencyReserve $ (48,461,000)mtg_PremiumDeficiencyReserve $ (73,781,000)mtg_PremiumDeficiencyReserve
[1] A positive (negative) number for changes in assumptions relating to premiums, losses, expenses and discount rate indicates a redundancy (deficiency) of prior premium deficiency reserves.