LIMITED POWER OF ATTORNEY

KNOW ALL BY THESE PRESENTS, that the undersigned is required, or may be
required in the future, to file reports of changes in beneficial
ownership of equity securities of MGIC Investment Corporation (the
"Company").

To facilitate the filing of these reports, the undersigned hereby
appoints each of Timothy A. Chrapko, Shelby E. Heinrich, Heidi A.
Heyrman, Paula C. Maggio, Brian M. Remington, Leslie A. Schunk, and
Martha F. Tsuchihashi as the undersigned's attorney-in-fact and agent to:
(i) apply on behalf of the undersigned for access codes (if necessary)
for the EDGAR System, and (ii) sign on behalf of the undersigned and file
any Form 3, Form 4, or Form 5 for the undersigned with the Securities and
Exchange Commission or any securities exchange.

Each of the persons authorized to act as such attorney-in-fact and agent
above may do so separately without the concurrence of the other persons.
The authority granted hereunder is granted to the person occupying the
position specified at the time such authority is exercised.

Dated:   October 27, 2021
Signature:   /s/  Mark M. Zandi
Please print or type name:       Mark M. Zandi


ACKNOWLEDGMENT
STATE OF WISCONSIN  )
COUNTY OF MILWAUKEE  )

Before me, a Notary Public in and for the State of Wisconsin, on this day
personally appeared Mark M. Zandi, known to me to be the person whose
name is subscribed to the foregoing Limited Power of Attorney, and
acknowledged to me that he/she executed the same for the purposes and
consideration therein expressed.

Given under my hand and official seal this 27th day of October, 2021.

(SEAL)
By:     /s/  Patricia A. Fitchett
Notary Public, State of Wisconsin
Print Name:   Patricia A. Fitchett
My commission expires:  October 3, 2025