This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: PMI GROUP (PMI) – Surety and Title Insurance The PMI Group, Inc., through its subsidiaries, provides credit enhancement products that promote homeownership. It operates in four segments: U.S. Mortgage Insurance Operations, International Operations, Financial Guaranty, and Other. The U.S. Mortgage Insurance Operations segment provides residential mortgage insurance and structured finance products to mortgage lenders, savings institutions, commercial banks, capital market participants, and investors in the United States. The International Operations segment offers mortgage insurance and credit enhancement products, including primary mortgage insurance, structured portfolio products, and reinsurance products to lending institutions, as well as for residential mortgage-backed securitizations in Australia, New Zealand, the European Union, and Hong Kong. The Financial Guaranty segment provides financial guaranty insurance for public finance and structured finance obligations; and offers credit enhancement solutions that enable municipal and asset-backed issuers to facilitate access to capital markets. It provides direct insurance to issuers and lenders, and facilitate access to capital markets....
View Full Document
- Fall '07