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Home » Store » Taxable » PMI Aims at Doing More Structured Finance with FGIC Acquisition to Diversify Business

PMI Aims at Doing More Structured Finance with FGIC Acquisition to Diversify Business

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The PMI Group plans to get into more structured finance with the pending acquisition of Financial Guaranty Insurance Co. from GE Capital Corp., the company said. Don Lofe Jr., chief financial officer at PMI, told Inside MBS & ABS that the company expects to shift from the current business strategy, moving from having some 91 percent of business in public finance to
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