Arizona Seizes Nation’s Second Largest MI, Cuts Claim Payouts by 50%

Arizona regulators this week seized control of the troubled mortgage insurance division of PMI Group, Walnut Creek, Calif., according to a notice posted on the company’s website.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_459/arizona-seizes-2nd-largest-mi-1027102-1.html

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