June 12, 2017

National MI Affordable Housing Insurance Rates Now Available through Optimal Blue

Private mortgage insurer supports Fannie Mae's HomeReady(R), Freddie Mac's Home Possible(R) and Housing Finance Agency products with Optimal Blue's PPE

EMERYVILLE, CA -- (Marketwired) -- 06/12/17 -- National Mortgage Insurance Corporation (National MI), the primary operating subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), announced that rate quotes are now instantly available on both standard and affordable mortgage products through the company's integration with Optimal Blue.

The availability of affordable lending mortgage insurance rates enhances National MI's current interface with Optimal Blue's product and pricing engine (PPE). Now when lenders price mortgage products, they will be able to quickly view National MI's mortgage insurance rates for Fannie Mae's HomeReady, Freddie Mac's Home Possible and Housing Finance Agency products, as well as for standard products.

"This enhanced integration with Optimal Blue enables our mutual lending customers to retrieve accurate mortgage insurance quotes instantly on standard or affordable coverage submissions, allowing them to conveniently offer these products to their borrowers," said Laura Amato, senior vice president of strategic initiatives and servicing operations with National MI.

"Optimal Blue's best-in-class secondary marketing solution provides accurate, real-time product eligibility and pricing content to lenders," said Bob Brandt, vice president of marketing & alliances for Optimal Blue. "Working with National MI to provide on-target coverage and mortgage insurance rates for affordable housing is a logical step in our mission."

National MI is a sponsor at Optimal Blue's 2017 Client Conference starting June 14 at the Hilton Dallas in Plano, TX.

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.

About Optimal Blue

Optimal Blue operates the mortgage industry's digital marketplace, connecting lenders, investors, and providers with comprehensive secondary marketing solutions, market-leading capabilities and value-added services that deliver results. For more information, please visit www.optimalblue.com.

HomeReady ® is a registered Fannie Mae trademark. Home Possible ® is a registered Freddie Mac trademark.

Press Contact
Mary McGarity
Strategic Vantage Mortgage Public Relations
(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: NMI Holdings, Inc.

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