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Loan Modification

: Mortgage Lender Implode-o-Meter

PMI Needs Regulatory Help Amid Stock Decline, Executive Says

By Implode-Explode Heavy Industries

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" PMI Group Inc., the mortgage insurer that lost $2.37 billion in the last two years, will need help from regulators to back new policies because it is unlikely to raise money by selling shares, the chief business officer said."

Full post as published by Mortgage Lender Implode-o-Meter on December 10, 2009 (boomark / email).

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