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Real Estate & Property Law

: Housing Wire

Mortgage Insurer?s Stock Rises on Amended Agreement

By DIANA GOLOBAY

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Stock of mortgage insurer PMI Group (PMI: 2.49 +43.10%) spiked more than 33% at one point in early trading today on the heels of some positive news out of the company. PMI met the conditions necessary to reach an amended and restated credit agreement that reduces the size of the credit facility to $125m and eliminates [...]

Full post as published by Housing Wire on June 01, 2009 (boomark / email).

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