Insurance
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PMI’s U.S. Mortgage Insurance Ops Post $236 Million Loss in Q4
Mar 05, 2008While its formal earnings report won’t be available until next week, mortgage insurer the PMI Group, Inc. said earlier this week that its U.S. mortgage insurance operations lost $236 million during the fourth quarter of 2007, compared to earning of $77.2 million in the year-ago period. The fourth quarter loss pushed PMI into the red for the full year, with the company recording a net loss of $190.8 million for all of 2007.
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Insured Defaults Rise as Cure Rate Hits Historic Low
Feb 29, 2008 -
MBIA, Ambac Rally on S&P Ratings Affirmation
Feb 25, 2008 -
Land Am, Stewart Post Big Losses in Q4 as Transaction Volume Dries Up
Feb 21, 2008 -
Clayton Posts $91.7 Million Loss on Underwriting, Due Diligence Decline
Feb 21, 2008 -
PMI Postpones Q4 Results on FGIC Earnings Delay
Feb 21, 2008 -
MBIA Exploring Break-Up, Too; Brings Back Former Chief in Effort to Stave Off Ratings Cut
Feb 19, 2008 -
Radian: Ouch, to the Tune of $618 Million
Feb 15, 2008 -
Freddie Mac Makes Changes in Bid to Boost Mortgage Insurers
Feb 14, 2008
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