PMI Group Sees Quarterly Loss on U.S Defaults, FGIC (Update1) (Bloomberg.com)
Story date: 2007-10-18 04:13:01
Added on: 2007-10-18 19:00:07
Oct. 18 (Bloomberg) -- PMI Group Inc., the second-largest U.S. mortgage insurer, forecast a third-quarter loss of $1.05 a share, citing losses in its U.S. unit and a drop in the value of its stake in Financial Guaranty Insurance Company.
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