PMI Group Inc.

Public Company, Headquarters Location
3003 Oak Rd., Walnut Creek, CA 94597-4541, United States
(800)288-1970, (925)658-7878, (925)658-6931 fax, http://www.pmigroup.com

Primary SIC: Surety Insurance, Primary NAICS: Direct Property and Casualty Insurance Carriers
Description: Founded in 1972, PMI Group Inc. is a publicly-traded company on the New York Stock Exchange. It provides residential mortgage insurance products designed to promote homeownership and strengthen communities. Mortgage insurance provides loss protection to mortgage lenders and investors in the event of borrower default. By protecting lenders and investors from credit losses, PMI Group helps to ensure that mortgages are available to prospective homebuyers. The company divides its business into two primary business segments: U.S. mortgage insurance operations, and corporate and other. U.S. mortgage insurance operations primarily includes the company's U.S. subsidiary, PMI Mortgage Insurance Co., which offers a variety of mortgage insurance products to meet the capital and credit risk mitigation needs of its customers. The corporate and other segment consists of corporate debt and expenses of the holding company, contract underwriting operations and equity in earnings or losses from investments in certain limited partnerships. PMI Group is headquartered in Walnut Creek, Calif.Insurance: Underwriter of private mortgage insurance. Finance: Holding company.

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PMI Group Inc., News and Information

FORM 8-K: DECOR PRODUCTS INTERNATIONAL ANNOUNCES CREATION OF DIRECT FINANCIAL OBLIGATION, OBLIGATION UNDER OFF-BALANCE SHEET ARRANGEMENT OF REGISTRANT
US Fed News Service, Including US State News; 12/17/2009; 1578 words; ...Registrant Decor Products International, Inc. (the "Company" or the "Registrant...Promissory Note with Greentree Financial Group Inc.("Greentree"), stating that...Promissory Note with Precursor Management Inc.("PMI"), stating that CHDITN promised...

Mortgage Industry Equity Composite; MIEC Index: 21.6 Change: 0.1.
National Mortgage News; 12/14/2009; 620 words; ...61 8.71 83.23% n/a Fiserv Inc. (FISV) 46.70 46.49 0% 29...7.13 17.75 43.90% 8.64 PMI Mortgage Ins. (PMI) 2.17 2.05 6% 0.26 4.96...70 20.00 4.73% n/a Radian Group (RDN) 5.97 5.47 9% 0.95...

Lessons Learned from the Mortgage Meltdown.(News)
National Mortgage News; 12/14/2009; 1028 words; ...said the No. 2 executive of The PMI Group Inc., Walnut Creek, Calif. In an interview...of occasions, representing either PMI or the industry's trade group...so they have enough to pay claims; PMI, for example, has enough to pay...

PEOPLE.(News)
National Mortgage News; 12/14/2009; 1372 words; ...ALABAMA Montgomery-The IL Group, a provider of lender...risk management company, PMI Mortgage Insurance. Additionally...joined Washington Mutual Inc. in 2005 as corporate...information solutions group. In this role he will...information solutions group's strategic positioning...

Insurers' Claim Rejections Multiplying Lenders' Pain.(Mortgages)
American Banker; 12/14/2009; 1569 words; ...Moody's Investors Service Inc. Though the insured party...of the consumer finance group at Pricewaterhouse Coopers...chief business officer at PMI Group Inc. in Walnut Creek, Calif...would make it fall outside PMI guidelines. "How is that...

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