PMI Group Swings to Loss in 3rd Quarter
Story date: 2007-10-30 04:35:00
Added on: 2007-10-30 07:40:26
MSN MoneyCentral - PMI Group added $253.6 million in reserves in the third quarter to cover losses in its U.S. mortgage insurance operations due to an increase in notices of default. Losses and claims are rising as more homeowners are falling behind on mortgage payments ...
Read more...
Related Stories:
-
Asian Stocks Drop on Concern U.S. Subprime Losses Will Spread
Bloomberg - ... days, led by Mizuho Financial Group Inc., on concern banks will report more losses related to a slump...
2007-11-25 03:57:00 -
London shares - closing features (Sharewatch)
LONDON (Thomson Financial) - FTSE 100 risers BP 580-1/2 up 11 Oil prices reverse losses to trade higher Royal Dutch Shell 1,977...
2007-10-09 09:32:11 -
UPDATE 2-PMI Group swings to loss in third quarter
Reuters - Last: Oct 30 (Reuters) - PMI Group Inc (PMI.N: Quote , Profile , Research ), the second-largest U.S. mortgage insurer,...
2007-10-30 08:24:00 -
PMI Group swings to hefty 1Q loss on defaults - Forbes
Mortgage insurer PMI Group says it swung to a first-quarter loss, due to hefty payouts on default claims amid the nation's subprime...
2008-05-12 03:29:00 -
The South Financial Group Reports Fourth Quarter and Full-Year 2007 Earnings (Centre Daily Times)
The South Financial Group, Inc. (NASDAQ: TSFG) today reported fourth quarter 2007 net income of $9.0 million, or $0.12 per diluted share,...
2008-01-24 02:44:01 -
PMI Group Sees Quarterly Loss on U.S Defaults, FGIC (Update1) (Bloomberg.com)
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...
2007-10-18 04:13:01 -
PMI Group Sees Quarterly Loss on U.S Defaults, FGIC (Update1)
Bloomberg - Oct. 18 (Bloomberg) -- PMI Group Inc., the second-largest U.S. mortgage insurer, forecast a third-quarter loss of $1.05 a share,...
2007-10-18 04:35:00 -
Mortgage lenders continue to report losses mounting (Belleville News-Democrat)
Billions of dollars in mortgage losses reported during the third quarter could be a prelude to even bigger losses in the fourth...
2007-11-15 01:10:03