PMI Mortgage Insurance Co. Appoints Jesse Rivera Vice President of Marketing and Primary Products

WALNUT CREEK, Calif., March 21 /PRNewswire-FirstCall/ -- PMI Mortgage Insurance Co., a subsidiary of The PMI Group, Inc. , today announced the appointment of Jesse Rivera to Vice President of Marketing and Primary Products. Rivera will oversee primary product development for traditional and expanding markets, strategic marketing, and marketing for PMI's primary U.S. subsidiary.

"Jesse's commitment to the customer and sense of urgency will help PMI U.S. benefit from business opportunities in the traditional mortgage insurance channel," said David Katkov, President and COO of PMI Mortgage Insurance Co. "Jesse brings a wealth of experience to this position, from supporting PMI's technical infrastructure to leading the company's business intelligence initiatives."

Rivera had been Vice President of Business Intelligence and Analytics, where he was responsible for large-scale initiatives that enabled PMI to analyze data, extract key information, and make faster, more informed decisions.

Prior to joining PMI, Rivera was an information technology consultant. He will complete his MBA from St. Mary's College of California in June and holds B.S. and M.S. degrees in mechanical engineering from the University of California, Davis.

PMI Mortgage Insurance Co.

PMI Mortgage Insurance Co. (PMI U.S.), a subsidiary of The PMI Group, Inc. , provides residential mortgage insurance to mortgage lenders, capital market participants, and investors throughout the United States. PMI U.S. is incorporated in Arizona, headquartered in Walnut Creek, CA, and licensed in all 50 states, the District of Columbia, Puerto Rico, Guam, and the Virgin Islands. By mitigating default risk, residential mortgage insurance expands homeownership opportunities and assists financial institutions in reducing the capital they are required to hold against low down payment mortgages. PMI U.S. is rated AA by Standard and Poor's, Aa2 by Moody's, and AA+ by Fitch. For more information: http://www.pmi-us.com/.