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pmi mortgage insuranceReuters - PMI, which sells insurance protecting mortgage lenders in the event of defaults, said it was facing challenging market conditions, particularly in the United States. Read more
Mortgage insurer PMI falls after loss warningCNBC - ... on mortgage loans forced the insurer to pay more claims. The Walnut Creek, Calif.-based company also said it delayed filing its annual report because the company is waiting for Financial Guaranty Insurance Co., a beleaguered bond insurer in which PMI ... Read more
Sector snap: Mortgage insurers slideReuters - NEW YORK (Reuters) - Mortgage insurer PMI Group (PMI.N: Quote , Profile , Research ) on Monday estimated a significant fourth-quarter net loss from its financial guaranty segment, and reported a net loss of $236 million in its U.S. mortgage insurance ... Read more
PMI Sees Significant Q4 Loss in Fin Guaranty BizWTVF - If you buy a home and put down less than 20 percent of the purchase price, lenders typically require you to buy private mortgage insurance (PMI) to cover their bet. In past years, amounts paid on PMI were not tax deductible. But that changed in 2007 ... Read more
Seven Ways to Keep More in Your PocketRTT News - PMI Group Reports Preliminary Q4 Results - Quick Facts [PMI] 3/3/2008 4:46:06 PM PMI Group, Inc. (PMI) on Monday said ... Mortgage Insurance Operations posted a net loss of $236.0 million for the fourth quarter, compared to net income of $77.2 million in ... Read more
PMI Group Reports Preliminary Q4 Results - Quick Facts [PMI]Detroit Free Press - ... 2006, according to the Washington-based Mortgage Insurance Companies of America. The missed payments, often a prelude to foreclosure, represented a 2.9% increase from October. MGIC Investment Corp., the largest U.S. mortgage insurer, and No. 2 PMI ... Read more
TECHNOLOGY: Coupons offered for TV converter boxesRTT News - PMI Group Reports Preliminary Q4 Results - Quick Facts [PMI] 3/3/2008 4:46:23 PM PMI Group, Inc. (PMI) on Monday said ... Mortgage Insurance Operations posted a net loss of $236.0 million for the fourth quarter, compared to net income of $77.2 million in ... Read more
Washington Mutual Adds Stephen Chazen To Board - Quick Facts [WM]Bakersfield Californian - Jan. 15: National mortgage insurer PMI Mortgage Insurance Co. puts out a report placing Kern County in its highest-risk category for future price drops. Among the country’s 50 most populated areas, Riverside-San Bernardino-Ontario and Las Vegas ... Read more
Behind the lists, real obstacles for borrowersMSNBC - ... prepared by several prominent economists and released Friday has concluded mortgage ... The Chicago PMI reading is much worse than expected and is at its lowest level ... Insurance giant American International Group (AIG) posted a $2.08 per share loss, vs ... Read more
Stocks Hammered By Economic FearsPhiladelphia Business Journal - PMI pulls plug on risky loans [East Bay] Large MGIC loss shrinks executive bonuses [Milwaukee] Radian, MGIC affiliate C ... subsidiary's credit rating "does not affect the ratings of Radian Group or Radian Guaranty, Radian's principal mortgage insurance ... Read more
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