PMI Mortgage Insurance Co., Walnut Creek, Calif., has announced the formation of a homeownership preservation team led by John Jelavich, PMI's newly appointed vice president of homeownership preservation initiatives. PMI said it plans to expand its national accounts servicing team, whose primary responsibility will be to assist lenders in developing ways to help borrowers avoid foreclosure. "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," said Gene Campion, PMI's senior vice president of servicing operations, loss mitigation, and claims. PMI Mortgage can be found online at http://www.pmi-us.com.
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