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PMI Falls on Expected Loss From Borrower Defaults (Update1)

Story date: 2007-10-18 10:40:00
Added on: 2007-10-18 11:00:25


Bloomberg - PMI has the largest Florida exposure of the `big three' mortgage insurers,'' said Seth Glasser, a credit analyst at Barclays Capital Inc., in a ... Stagnant home prices make it harder for banks to recover when loans go bad. PMI dropped $3 ...


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