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Real Estate & Property Law

: Housing Wire

PMI Rating Rallies from Junk

By DIANA GOLOBAY

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Mortgage insurer and credit enhancement solution provider PMI Group (PMI: 2.67 -1.84%) late Tuesday saw its credit rating rebound from triple-C to single-B minus as Standard & Poor’s removed the company from credit watch status to outlook stable. Its wholly owned subsidiary, PMI Mortgage Insurance, retained a double-B minus rating and stable outlook. The news marks the [...]

Full post as published by Housing Wire on June 03, 2009 (boomark / email).

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