PMI Group
From Wikipedia, the free encyclopedia
The PMI Group (NYSE: PMI) is a provider of credit enhancement products that promote homeownership and the provision of services essential to the building of strong communities. It offers first loss, mezzanine and risk remote financial insurance across the credit spectrum and worldwide. The Company operates through four segments: U.S. Mortgage Insurance Operations, International Operations, Financial Guaranty, and Corporate and Other.
The company was founded in 1972 by Preston Martin and is headquartered in Walnut Creek, California, with operations in Asia, Australia, Canada, Europe, New Zealand, and the United States.
The company's key executives are L. Stephen Smith, Chairman of the Board and CEO, David H. Katkov, Executive Vice President, The PMI Group, Inc., President and Chief Operating Officer, PMI Mortgage Insurance Co., Bradley M. Shuster, President, International and Strategic Investments, The PMI Group Inc., President and Chief Executive Officer, PMI Capital Corporation.
The company has over 1,100 employees, and was recently voted the "Best Place to Work in the Bay Area" by the San Francisco, East Bay, and Silicon Valley/San Jose Business Times.
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