PmIGroup.com protects lenders & investors in the event of foreclosure
Title
Welcome to The PMI Group, Inc. site
Description
The PMI Group, Inc. (NYSE: PMI), headquartered in Walnut Creek, California, is an international provider of credit enhancement products and lender services that promote homeownership and facilitate mortgage transactions in the capital markets. Through its wholly owned subsidiaries and unconsolidated strategic investments, the Company offers residential mortgage insurance and credit enhancement products domestically and internationally, lender services and financial guaranty reinsurance. Through its subsidiaries, PMI is one of the largest private mortgage insurers in the United States, Australia, New Zealand, and the European Union, as well as the largest mortgage guaranty reinsurer in Hong Kong.
Private mortgage insurance protects mortgage lenders against potential losses in the event of borrower default. By covering default risk on residential first mortgage loans, mortgage insurance facilitates the sale of low-down-payment mortgages in the secondary mortgage market. In addition, private mortgage insurance expands homeownership opportunities by enabling borrowers to purchase homes with down payments of less than 20 percent.
PMI is an advocate of affordable housing and supports a number of organizations that foster greater access to affordable housing. PMI’s approach to affordable housing lending is to develop products and services that assist responsible borrowers who may not qualify for mortgage loans under traditional underwriting practices.
Languages
English
Contact
- The PMI Group
- Walnut Creek CA
- US 94597
- 3003
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Additional Information
Related Domains
External Links
- Stock: PMI
- Alexa: PmIGroup.com