Pmi Group Inc News

From Moody's Investor Service.... Monoline financial guarantors and mortgage insurers are planning to shrink losses from defaulted mortgages through loan put-backs to originators and through claims rescissions and denials, Moody's Investors Service points out in a new report.

MGIC Investment Corp. shares rallied more than 18% Thursday after the mortgage insurer's main regulator eased capital requirements, allowing the company to keep selling new policies.

Nov. 20 -- A recovery in U.S. housing will have to wait at least until next year.

Stewart Information Services Corp. continued to rise through the end of October.

Bond-insurance stocks weighed on the financial sector Tuesday after insurer MBIA Inc.

The PMI Group, Inc. November 6, 2009 12:00 pm ET Executives Bill Horning - VP of IR Steve Smith - Chairman and CEO Don Lofe - EVP, CFO and CAO Analysts Donna Halverstadt - Goldman Sachs Mark DeVries - Barclays Capital Mike Grondahl - Northland Securities Conor Ryan - Deutsche Bank Matthew Howlett - Fox-Pitt Kelton Jacob Waller - AYM Capital Matt ...

Mortgage insurer PMI Group Inc. /quotes/comstock/13*!pmi /quotes/nls/pmi said Friday that its third-quarter net loss narrowed to $93.2 million, or $1.13 a share, from $229.4 million, or $2.81 a share, a year earlier.

Yesterday, we posted a story on potential changes in the net-operating loss carryback rules that would allow firms of any size to get a significant tax break to offset losses they experienced since the onset of the financial crisis.

Not long after Sustainable Contra Costa announced its formation and its mission - to help county residents better use their natural resources - the nonprofit group promptly honored a handful of those already dedicated to providing education and resources for sustainable living.

Shares of mortgage and life insurers jumped Thursday on optimism about the extension of the home-buyer tax credit and solid earnings by Lincoln National.

Standard & Poor's said Tuesday it may downgrade the ratings of several mortgage insurers because of a longer than expected loss cycle.

Shares of mortgage investment and insurance firm MGIC Investment Corp fell almost 20% on Friday and dragged down other industry payers with after it posted a larger-than-expected loss.

PMI Mortgage Insurance Co. commented on the enactment of California Senate Bill 291, which Governor Schwarzenegger signed into law today, indicating that the measure could provide regulatory relief to PMI and other mortgage insurers, as well as support the recovery of housing markets in California and nationwide.

Cheap stocks can get cheaper . They often do. Unfortunately, "cheap" is a relative term.

PMI Group Inc. , the fourth-largest U.S. mortgage insurer, said Tuesday that the company and peers stand to benefit from a bill passed by Arizona's legislators affecting the ability to underwrite new business.

New legislation passed in Arizona eases restrictions on mortgage insurers and gives the state's Department of Insurance authority to work with insurers who don't meet the state's minimum policyholder position .

Some of the more speculative financial stocks that have been powering the market's gains cooled Monday after their recent run-up. U.S. stocks got the week off to a rocky start as the latest plunge in Chinese markets rattled investors.

Individual stocks can rise 10%, 25%, or even higher in a short period of time. And they can fall just as far, just as quickly.

The PMI Mortgage Insurance Co., today announced the enhancement and redesign of its industry leading foreclosure prevention website - HomeSafePMI.

U.S. financial stocks were higher Wednesday, erasing some of the losses of the previous two sessions, after the Federal Reserve pledged to keep interest rates at rock-bottom levels even though it sees signs of improvement in the economy.