The PMI Group, Inc. Fourth Quarter 2007 Financial Results Delayed Due to Incomplete...
The PMI Group, Inc. Fourth Quarter 2007 Financial Results Delayed Due to
Incomplete FGIC 2007 Financial Results
WALNUT CREEK, Calif., Feb. 20 /PRNewswire-FirstCall/ -- The PMI Group,
Inc. (NYSE: PMI) announced today that due to delays in obtaining fourth
quarter 2007 financial results from FGIC Corporation ("FGIC"), PMI is delaying
the release of its fourth quarter and full year 2007 financial results.
Although fourth quarter 2007 financial results for PMI's U.S. Mortgage
Insurance Operations and International Operations are completed, final fourth
quarter 2007 financial results must be obtain from FGIC in order for PMI to
release its consolidated financial results.
PMI will provide its financial results and reschedule its earnings
conference call as soon as FGIC's results are known.
About The PMI Group, Inc.
The PMI Group, Inc. (NYSE: PMI), headquartered in Walnut Creek, CA,
provides innovative credit, capital, and risk transfer solutions that expand
homeownership and fund essential services for our customers and the
communities they serve around the world. Through its wholly and partially
owned subsidiaries, PMI offers residential mortgage insurance and credit
enhancement products, financial guaranty insurance, and financial guaranty
reinsurance. PMI has operations in Asia, Australia and New Zealand, Canada,
Europe, and the United States. For more information: www.pmigroup.com.
SOURCE The PMI Group, Inc.
Investors, Bill Horning of The PMI Group, Inc., +1-925-658-6193, or Media,
Beth Haiken of The PMI Group, Inc., +1-925-658-6192
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