Industry News

PMI waiting on FGIC to release Q4 results

Insurer discontinuing coverage of 'above 97' loans
Published on Feb 22, 2008

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by CareyBot

Private mortgage insurer PMI Group Inc. said it will postpone releasing of fourth-quarter and year-end financial results because of delays in financial reporting at another company it owns a large stake in — troubled bond insurer FGIC Corp. PMI Group, ...