Companies
PMI Europe's global parent, The PMI Group, Inc. (NYSE:PMI), headquartered in Walnut Creek, California, provides innovative credit, capital, and risk transfer solutions that expand homeownership and fund essential services for our customers and the communities they serve. Through its wholly owned subsidiaries and unconsolidated strategic investments, PMI offers residential mortgage insurance and credit enhancement products. PMI has operations in Europe and the United States. For more information: www.pmigroup.com.
PMI Mortgage Insurance Co.
PMI Mortgage Insurance Co. (PMI U.S.), a subsidiary of The PMI Group, Inc. (NYSE:PMI), provides residential mortgage insurance to mortgage lenders, capital market participants, and investors throughout the United States. PMI U.S. is incorporated in Arizona, headquartered in Walnut Creek, California, and licensed in all 50 states, the District of Columbia, Puerto Rico, Guam, and the Virgin Islands. By mitigating default risk, residential mortgage insurance expands homeownership opportunities and assists financial institutions in reducing the capital they are required to hold against low down payment mortgages. PMI U.S. is rated A- by Standard and Poor’s, A3 by Moody’s, and BBB+ by Fitch. For more information: www.pmi-us.com.
CMG Mortgage Insurance Company
PMI maintains a 50% ownership stake in California-based CMG Mortgage Insurance Company (CMG MI), a joint venture that markets mortgage insurance products exclusively to credit unions. CMG MI is rated AA- by Standard and Poor’s and AA by Fitch. For more information: www.cmgmi.com.
