Press Release

EMERYVILLE, CA -- (Marketwired) -- 07/19/16 -- National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) was today named 15^th best place to work in America in Fortune Magazine's ranking of the "30 Best Workplaces in Finance & Insurance."

Fortune Magazine partners with the Great Place to Work Institute to develop a comprehensive team member survey to identify the 30 Best Companies to Work For in financial services and insurance. The ranking is based on feedback from more than 41,000 employees in the Financial Services & Insurance sector who completed Great Place to Work's Trust Index© Employee Survey. The 30 companies with the highest employee ratings compared with organizations of the same size were selected for the list.

"National MI is extremely proud to have made the list of Fortune's Best Workplaces in Finance & Insurance," said Bradley Shuster, CEO of National MI. "This recognition stems from National MI's focus on a collaborative atmosphere and our emphasis on employee satisfaction."

National MI offers competitive compensation and benefits, a balanced work-life environment, as well as an innovative culture that fosters employee creativity and contribution. "National MI has the vibrant feel of a start-up while operating in a traditional financial services environment," Shuster said.

"We have fostered a culture that inspires new and innovative thinking by encouraging all of our employees to contribute their opinions," said Mary Lee Sharp, senior vice president, human resources. "National MI is committed to empowering its employees so they can find fulfillment in their careers."

Earlier this summer, National MI was named to Fortune's list of Best Workplaces for Baby Boomers.

National MI's insurance-in-force has steadily increased since its launch in 2013, showing solid gains each quarter. The company has also gained market share over that time period.

Since 2013, the company has grown from 72 employees to 266 employees, and continues to hire at its Emeryville, California headquarters and throughout the country.

About National MI

National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc.(NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com.

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Press Contact
Mary McGarity
Strategic Vantage Marketing & Public Relations
www.strategicvantage.com
(203) 513-2721
MaryMcGarity@StrategicVantage.com

Investor Contact
John M. Swenson
Vice President, Investor Relations and Treasury
john.swenson@nationalmi.com
(510) 788-8417

Source: National Mortgage Insurance Corporation

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