Pmi Mortgage Insurance Company

PMI Mortgage Insurance Co. has operated as a significant mortgage insurance provider. The website primarily serves as a communication hub for updates regarding the company's ongoing rehabilitation status since March 2012, when it was placed into rehabilitation by an Arizona court order. It provides crucial information to policyholders and servicers concerning partial claim payment distributions and regulatory events related to its historical mortgage insurance policies.

Historically, PMI offered various mortgage insurance plans, including Lender-Paid Mortgage Insurance (LPMI) and Borrower-Paid Mortgage Insurance (BPMI). Their "Lender Spectrum" product was a nationwide LPMI offering, designed to assist mortgage lenders in managing risk and enabling borrowers to secure loans with lower down payments by providing essential mortgage insurance coverage.

Despite its rehabilitation status, PMI emphasizes its continued support for customers regarding ongoing claims, policy servicing, and loss mitigation programs. The current website focuses on transparent financial updates and operational continuity within its rehabilitation framework, overseeing existing insurance obligations rather than originating new loan products.