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L. Stephen Smith is Chairman of the Board and Chief Executive Officer of The PMI Group Inc. and of PMI Mortgage Insurance Co. a subsidiary of The PMI Group Inc. which is also the second largest mortgage insurance company in the United States.
Smith has more than 35 years of experience in mortgage insurance housing finance and banking. He began his career with PMI in 1979 and has held a variety of positions including account executive secondary market executive and area sales director before being promoted to Vice President of PMI’s Eastern Zone. Smith was later promoted to Senior Vice President of Marketing where he oversaw the implementation of corporate strategic growth initiatives. He was later promoted to Executive Vice President of Field Operations and then to President and Chief Operating Officer in 1998. He became CEO of PMI Mortgage Insurance Co. in 2004 and CEO of The PMI Group in 2006.
Prior to joining PMI Smith spent eight years as a Vice President with Citizens Southern National Bank in Atlanta.
Smith serves as President of the Mortgage Insurance Companies of America the industry trade group and as a member of the Board of Directors of National Association of Hispanic Real Estate Professionals. He is an active participant in a variety of industry and community organizations.
A graduate of Georgia Tech Smith has a B.S. in industrial management. Smith is also a graduate of the Stanford Executive Program. | 