Research on PMI Group and Assured Guaranty -- Awaiting Economic Recovery
15 9월 2010 - 10:01PM
Marketwired
www.wallstreetequityresearch.com offers world class analysis on
surety & title insurance companies
PMI Group
Inc. (NYSE: PMI)
and Assured Guaranty
Ltd. (NYSE: AGO). Sign up today at
www.wallstreetequityresearch.com to receive free research reports
on these companies.
The Surety and Title Insurance sector has been struck hard by
the current recession. Despite incredibly low house prices, buyers
are choosing to shun the housing market as recent surveys have
shown many consumers believe the heavy costs of buying a home
outweigh the benefits. This decrease in first time home sales has
hurt the mortgage insurance segment of the Surety and Title
Insurance sector as the shift in consumer preference towards
refinancing yields far lower premiums. It is expected that the
housing market will remain depressed until unemployment numbers
improve. In August, the job rate increase 20,000 more than
previously predicted potentially signaling a recovery in the
economy and an ease in foreclosures.
www.wallstreetequityresearch.com is a specialized website where
investors can have full access to free reports on surety &
title insurance stocks; traders looking for analyst opinions on PMI
Group Inc. and Assured Guaranty Ltd. are welcomed to sign up for a
free one year membership at
http://www.wallstreetequityresearch.com/
Other good news for the Surety and Title Insurance sector is the
potential rate hike coming this fall by the Federal Housing
Administration. This governmental mortgage insurer has recently
increased its market share to nearly 90% from its historical
average of around one third of the market. The FHA is raising its
rates to help staunch the outflow of cash connected to a higher
rate of defaults recently. This could cede a portion of their
market share back to the private sector and help out those
companies within the Surety and Title Insurance sector that have
enough cash to add more clients. Visit us at
http://www.wallstreetequityresearch.com/ to understand the
catalysts and forces driving or affecting surety & title
insurance companies in today's economic environment.
In the municipal bond insurance segment, $1.7 billion in
municipal bonds have failed this year compared to the typical
average of $1 billion. This comes at a time when there is less need
for insurance as municipal bond issuers have received higher credit
scores due to the decrease in bond yields that result from the
exodus of investors from the plummeting stock market.
For the second quarter 2010, PMI Group Inc. experienced a loss
of $150.6 million as its revenue slumped to $128.9 million largely
attributed to lower premiums and loss adjustment expenses.
Shareholders and investors can access the free research PMI Group Inc. now by signing up at
http://wallstreetequityresearch.com/September152010ThePMIGroupInc.(PMI)150910.php.
On the other hand, Assured Guaranty Ltd. had a more positive
financial scenario for the past quarter with profits of $203.5
million reversing a loss of $170 million recorded a year ago. The
overly optimistic result was due to an acquisition and profitable
investments. The www.wallstreetequityresearch.com has also compiled
a free research on Assured Guaranty Ltd. that
can be downloaded now by signing up at
http://wallstreetequityresearch.com/September152010AssuredGuarantyLtd.(AGO)150910.php.
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P M I (NYSE:PMI)
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P M I (NYSE:PMI)
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부터 7월(7) 2023 으로 7월(7) 2024
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