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$2.13 0.51 (31.48%)
10/10/2008 4:02 PM

PMI Group Inc. (PMI)

CAPS Rating:
*

The Company provides financial products designed to reduce risk, lower costs and expand market access for residential mortgages, public finance obligations and asset-backed securities.

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Recs

6

Avatar cbcrpi78 (96.04) Submitted: 7/07/08 10:04 AM : Outperform Start Price: $1.60 PMI Score: 63.41

The charges for reserves are going to be slowing down as this company and competitor Radian are experiencing much fewer claims than originally anticipated. If this company makes it through the bottom of the housing market, and they have the balance sheet to do it, then this will be a back in the $30 - $50 area in two to four years.

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