Why PMI?
Right alongside you…we’re in it for the long run.
PMI demonstrates credit leadership by supporting homeownership sustainability at the starting line…and homeownership preservation at the finish line.
For over 35 years, our risk management expertise and suite of products and services have positioned us to answer the needs of our customers through every market marathon. Learn how PMI can support the needs of your business in these challenging times:
Your MI providers must be strong counterparties for your business, and offer the capability to help build volume and increase production efficiencies:
- As a GSE-eligible insurer with a highly rated investment portfolio and cash totaling $1.8 billion and statutory capital of approximately $1.6 billion,* PMI is a strong counterparty for your business.
- Three-tiered pricing structure helps build volume by offering attractive rates for higher-credit score borrowers.
- PMI representatives are among the best in the industry, recognized as problem-solvers, readily accessible and fast to respond.
- Advanced online technologies provide self-help tools across the loan process:
- RateQuote 2.0 MI calculator – now includes virtually all of our guidelines, and presents a clear and concise message when a rate quote is not available. Plus, you can compare up to 5 PMI payment plans in a flash.
- PMI ZipMap – instantly identifies if a property is in a PMI Distressed Market.
- e-PMI® Origination and Servicing – expedites time-consuming functions online.
PMI was recognized in Standard & Poor’s 4.8.08 RatingsDirect® report as having a "superior loss-mitigation capability." Our leadership in supplementing servicers’ efforts to resolve delinquencies includes the proactive support of our dedicated Homeownership Preservation Initiatives team, on-site loss mitigation specialists, innovative workout programs, and extensive online borrower education.
You need help understanding which markets offer the most potential and which pose the most risk.Led by Chief Economist & Strategist David Berson, named 2007 Economist of the Year by USA Today, PMI’s risk management and market intelligence is judged to be among the best available. Our industry research includes the monthly Housing and Mortgage Market Review (HaMMR) and quarterly Economic and Real Estate Trends (ERET) report – regularly featured in leading media such as The Wall Street Journal, CNBC and CNN.
You need support to train your staff on operational issues across the loan process.We offer one of the most operationally focused training programs in the industry, concentrating on tasks across the loan process that your underwriters, loan officers and processors face every day. What sets PMI Training Bootcamp apart is an emphasis on the value of MI and, to meet customer needs, a wide variety of convenient formats: instructor-led webinars (1 to 2 hours), self-paced on-demand (5 to 15 minutes), and an extensive library of downloadable toolkits to aid in the processing of a fully documented mortgage loan. The average customer rating for our courses is 4.6 out of 5 points.
*As of 9.30.08
