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- National Intelligence Director Mike McConnell says the terrorist group U.S. intelligence believes carried out last week's attack in Mumbai is the same one that attacked Mumbai trains in 2006.
Ga. Senate runoff could decide balance of power- Georgia's seemingly endless U.S. Senate campaign drew to a finish on Tuesday as polls closed on the hotly-contested race that will sway the balance of power in Washington.
Gates: Military looks to accelerate Iraq pullout- Defense Secretary Robert Gates signaled a willingness Tuesday to forge ahead with two key priorities for the incoming Obama administration: accelerating the U.S. withdrawal from Iraq and shutting down the Guantanamo Bay detention center.
- The divorce rate among soldiers and Marines increased last year as military marriages suffered continuing stress from America's two ongoing wars. There were an estimated 10,200 failed marriages in the active duty Army and 3,077 among Marines, according to figures obtained by the Associated Press for the budget year ended Sept. 30.
Auditors fault Treasury oversight of bailout funds- The government must toughen its monitoring of the $700 billion financial bailout to ensure that banking institutions limit their top executives' pay and comply with other restrictions, federal auditors said Tuesday in the first comprehensive review of the rescue package.
Chained teen shows up at Calif. gym; 2 arrested- A Girl Scout leader and her husband were arrested after an emaciated, terrified and nearly naked 17-year-old showed up at a gym with a chain locked to his ankle, saying he had just fled his captors, authorities said Tuesday.
Nixon records show aides dishing dirt on critics- In Richard Nixon's time, all the president's men fretted about threats on every front: disquiet out on the streets, disloyalty inside the administration and trouble from political opponents who had to be discredited at any cost.
Coleman pleads no contest to disorderly conduct- Gary Coleman has pleaded no contest to a disorderly conduct charge stemming from a September incident at a bowling alley. The 40-year-old former star of "Diff'rent Strokes" was ordered to pay a $100 fine in a Payson court Tuesday. He also pleaded no contest to a reckless driving charge, which will be waived if he doesn't have any other violations within a year.
- A message in a bottle tossed into the ocean off Barnegat Bay has turned up in North Carolina - 39 years later. The note was sealed in a Schaefer beer bottle. It was dated Aug. 17, 1969 and read: "If found notify the North Haledon Fire Co. 2."
NHL suspends Stars' Sean Avery for crude comments- The NHL suspended Dallas Stars forward Sean Avery indefinitely Tuesday for making a crude reference to former girlfriends while talking with reporters.
The PMI Group, Inc. Affirms 2008 Paid Claims Guidance
WALNUT CREEK, Calif.
(Map)
-
* Paid claims for its U.S. Mortgage Insurance Operations to be between
PMI's first quarter of 2008 financial results conference call is scheduled
for
About The PMI Group, Inc.
The PMI Group, Inc. (NYSE: PMI), headquartered in
Cautionary Statement
Statements in this press release that are not historical facts, or that
relate to future plans, events or performance are "forward-looking" statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include our expectation with respect to U.S.
Mortgage Insurance Operations' paid claims in 2008. Readers are cautioned that
forward-looking statements by their nature involve risk and uncertainty
because they relate to events and depend on circumstances that will occur in
the future. Many factors could cause actual results and developments to differ
materially from those expressed or implied by forward-looking statements.
Such factors include, among others, national or regional recessions, and
further deterioration in the housing, mortgage and related credit markets. In
particular, declines in housing values and/or housing demand, deterioration of
borrower credit, higher unemployment rates, changes in interest rates, higher
levels of consumer credit, higher mortgage default and claim rates, lower cure
rates, higher claim sizes, the aging of our mortgage insurance portfolios,
adverse changes in liquidity in the capital markets, the inability of loans
servicers to process higher volumes of delinquent loans, and the contraction
of credit markets could negatively affect our US Mortgage Insurance
Operations' paid claims. Other risks and uncertainties are discussed in our
SEC filings, including our Annual Report Form 10-K for the year ended
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