PMI Mortgage Insurance Co., a Walnut Creek, Calif.-headquartered subsidiary of The PMI Group Inc., has created a homeownership preservation team led by John Jelavich, PMI's newly appointed vice president of homeownership preservation initiatives.
Under Jelavich's leadership, PMI will expand its national accounts servicing team, whose primary responsibility will be to partner with lenders in the development of creative solutions to help Americans avoid foreclosure, the company explains.
‘PMI has a history of working with our customers to develop innovative solutions that preserve homeownership,’ says Gene Campion, senior vice president of servicing operations, loss mitigation and claims. ‘We're confident that providing additional manpower and resources to aid our customers will ultimately help people who have the ability to make a reasonable mortgage payment preserve their home.’