The PMI Group, Inc.

The PMI Group, Inc. (TPG) is a provider of financial products for residential mortgages, public finance obligations and asset-backed securities. The Company operates through four segments: U.S. Mortgage Insurance Operations, International Operations, Financial Guaranty, and Corporate and Other. The Company’s United States subsidiary, PMI Mortgage Insurance Co. (PMI) is a residential mortgage insurer. PMI offers a variety of mortgage insurance and structured finance products. Through its Australian subsidiaries (PMI Australia) it provides mortgage insurance in Australia and New Zealand. PMI Australia provides credit enhancement products to lending institutions, as well as credit enhancement for residential mortgage-backed securitizations. Its European subsidiaries (PMI Europe) offer mortgage insurance and mortgage credit enhancement products, including primary mortgage insurance, structured portfolio products and reinsurance products, primarily tailored to the European mortgage markets.