BRIEF-Moody’s downgrades PMI Mortgage Insurance Co. to B2

Feb 4 (BestGrowthStock) – PMI Mortgage Insurance Co.: Moody’s
Investors Service has announced today that it has lowered the
credit ratings of The PMI Group, Inc. and its mortgage
insurance subsidiaries as a result of continued deterioration
in its capital position caused by prolonged weakness in the
performance of its insured portfolio and constrained capital
access.

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BRIEF-Moody’s downgrades PMI Mortgage Insurance Co. to B2