$2.10
0.07 (+3.45%)
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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PMI is so much more than your average insurance company. I particularly like their credit enhancement and mortgage insurance segements. The U.S. Mortgage Insurance Operations segment offers mortgage insurance products in the United States that enable borrowers to buy homes with low down-payment mortgages.
Simply put, this is a well run company in a beaten down sector. The housing market will be fruitful again, and I look for PMI to be one of the survivors.
Go Long,
Fool On!!!