PMI will soon be restructuring certain modified pool policies which resulted in positive statutory capital benefits to the company. The positive impact that the restructurings had on PMI's loss reserves for the fourth quarter of 2009 resulted in an estimated aggregate statutory benefit to PMI of approximately $51 million.
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About PMI Mortgage Insurance Co.
PMI Mortgage Insurance Co. (NYSE: PMI), is headquartered in Walnut Creek, CA and provides credit enhancement solutions that expand homeownership while supporting our customers and the communities they serve. Through its wholly and partially owned subsidiaries, PMI offers residential mortgage insurance and credit enhancement products.
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